The stock of Tinplate Company of India gained 5 per cent accompanied by above average volume on Wednesday, managing to close above the key resistance level of ₹120.
Short-term forecast is bullish. The stock can continue to trend upwards and touch the price targets of ₹128.5 and ₹131.5 in the forthcoming trading session. Buy the stock with a stop-loss at ₹120.5.
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