Disclaimer: The analysis provided is only for educational purposes and not a buy/sell recommendation.
The stock pick for the week starting 7th July 2025 is "West Coast Paper Mills". Last Friday (4th July 2025), the stock provided a price breakout with considerable weekly volume (both in traded quantity and delivery volumes). In the process, the stock breached the 200 SMA, which may be considered a "bullish trigger".
A trendline analysis of the stock shows that the stock has provided a breakout of a long-term downtrending trendline, supporting the initial bullish bias. Moreover, the price action & volume profile analysis of the stock may show that the stock has risen from a historic buy zone and has limited resistance at immediate higher levels, making it a good pick for momentum/swing trading.
A sectoral analysis for paper stocks provides the conclusion that the major stocks in the sector(JK Paper, Emani Papers, Kuantum Papers) have all provided a 200 SMA breakout with higher-than-average volumes, supporting the bullishness of the sector as a whole. Among all the mentioned stocks, we at "Trade With Data" expect "East Coast Paper Mill" to be an outperformer as it fulfills most of our quality and momentum criteria, making it a good candidate for swing/MTF trading.
