TINPLATE Closes at `55.65 with a Gain of +18.90% on 18 June 2012 with formation of a Bearish Hanging Man Candle on Daily Price Chart .It has seen 39.50 Delivery.Technically, TINPLATE is Looking Over-Bought. Major Momentum Indicators are in Over Bought Zone.
We Recommend to SELL: TINPLATE BELOW ` 53.45
Target : `44.40
Time Frame: 5-15 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836
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