Packaging sector company showing traction on weekly chart with recent hydrogen cylinder entry as the pioneers in India:
Entry - 218-220
Weak below - 192
Expected levels - 400
Disc. No buy/sell recommendation.
NSE:TIMETECHNO
Time Technoplast Limited, together with its subsidiaries, engages in manufacture and sale of a range of technology-based polymer and composite products in India and internationally. It operates in two segments, Polymer and Composite. The company offers industrial packaging products, including drums and containers, such as narrow mouth...
TIMETECHNO on a daily time frame. It has been on an uptrend for a long time. Recently it got corrected and continued uptrend.
Monthly & Weekly RSI is above 60 and daily RSI taking support near 50.
One can quickly notice "Positive Reverse Divergence." The price is making higher highs, and RSI is declining.
It would be a swing or short-term trade with a minimal...
NSE:TIMETECHNO
Time Technoplast Limited and its subsidiaries produce and sell various technology-based polymer and composite products in India and globally.
The company operates in two main segments - Polymer and Composite.
The range of products includes industrial packaging products like drums, containers, and intermediate bulk containers.
...
TIMETECHNO 109 Now, Huge upmove possible in next 12-16 Months
FIB level suggests it is heading towards 160 levels.
Do your own research before investing...
Time Technoplast (Swing):
A 50-100% up move is on the cards for swing.
But you need to in patience.
Appropriate support, supply zone, resistance and targets are highlighted.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments sections as time progresses.
Reason for short
a) Activation of head and shoulder pattern with high volume sell off
b) vwap as resistance
further 10% sell off in next one month
SL compulsory
While looking at a weekly timeframe we can see that this stock had a great bounce from its previous support which marked in dotted lines and volumes are also massive around it - showing its strength.
Turnaround is seen in the chart on weekly and the Price to Sales ratio looks attractive to me.
Weekly TF - https://www.
Also, the dotted line marked can also be said...
Time Technoplast Ltd. (TTL) is a multinational conglomerate that is a leading manufacturer of polymer products with operations in Bahrain, Egypt, Indonesia, India, Malaysia, U.A.E, Taiwan, Thailand, Vietnam, Saudi Arabia & the USA.
The company’s portfolio consists of products catering to growing industry segments like industrial packaging solutions, lifestyle...
hey guys ,
TIME TECHNOPLAST stock was moving in a uptrend in a fixed area
and now this stock has touched it's support area and made a candle called
A MORNING STAR
i have marked the RR RATIO for you ,
you can see the target and sl by zooming in the above image
RR RATIO is 3:1
try to trade according to that ratio or adjust it accordingly to you
TIME TECHNOPLAST 😀😀
TIMETECHNO testing the trendline and it looks good risk:reward (1:5.5) we can do a swing trade.....stoploss : when it breaks the trendline and gives a close...target at upper trendline (it's forming a triangle keep this in your radar)
