Here are some of my analysis that I have attached in this post. As we can see, the year long support is very strong. The stock as also seen a trend line break, with a gap - the gap was filled this Wednesday and Thursday (due to the sell off) and now it seems to be getting ready for momentum. Volume has been building up and a move is likely to occur soon....
Orient paper is showing strength by entering into all time high levels. The price movement is supported by volume which is most important. The price has consolidated nicely in the zone of 35-50 levels for almost 1 year now. This consolidation near all time high level zone gives additional confidence and price getting support and is ready to move higher. The moving...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 4% profit (In my observation, I found that most of the stocks reached 3% to 4% on weekly basis)
Please consider these ideas for educational purposes.
ORIENT PAPER is looking for an up-move after small consolidation. Last day there was HIGH VOLUME+GAIN.
The stock should be respecting the blue trendline.
Entry - 38.50
Target - 43.50/48.50
SL - 34.20
Study the stock & Trade Responsibly.
📊 Script: ORIENTPPR (ORIENT PAPER & INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Commodities - Forest Materials
📊 Industry: Paper & Paper Products
Key highlights: 💡⚡
📈 Script is trading near at its support level which is around 30 which was previously working as resistance level.
📈 script may bounce back from its support level...
Hey, guys welcome back again with some new idea sorry I am stuck in some work so I am not uploading any idea from few days.
I am just finding out some cheap stocks nowadays for holding and gives some good return within a week. orient paper is One of them you can buy around 20-21 for good profit I can expect it to reach 32-35 level within a month or week
Weekly...
