Buy Tinplate for Positional Trading as well as Investment๐ธ๐ฅ๐ธ
Comment your views!!!๐ง๐ค๐ง
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๐กFavourable long-term demand outlook :
About 70% of the domestic tinplate is consumed for packaging edible oil and processed food items. Hence its growth is linked to Indiaโs food-processing industry, which has witnessed a steady increase in demand over the years.
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โ๏ธBoth TECHNICALLY and FUNDAMENTALLY strong stock.๐ช๐ช
The company posted the best Q3 result in its history.
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๐@technofunda_traderโ
Few Important rules from my Trading Philosophy:โ
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
โ 5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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LIKE, COMMENT & SHARE ๐๐๐
Comment your views!!!๐ง๐ค๐ง
.
๐กFavourable long-term demand outlook :
About 70% of the domestic tinplate is consumed for packaging edible oil and processed food items. Hence its growth is linked to Indiaโs food-processing industry, which has witnessed a steady increase in demand over the years.
.
โ๏ธBoth TECHNICALLY and FUNDAMENTALLY strong stock.๐ช๐ช
The company posted the best Q3 result in its history.
.
๐@technofunda_traderโ
Few Important rules from my Trading Philosophy:โ
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
โ 5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE ๐๐๐