Bhansali Engineering Polymers Ltd.
Long
Updated

Breakout in BEPL (TECHNO FUNDA PICK--2)

256
Ascending triangle BO in BEPL with good volumes
volumes picking up in uptrend and dry up in consolidation
For momentum players
Buy at CMP (Add till 175)
Target 224-250
SL--145 Closing basis

For Fundamental investor
Add on every dip
(My average price is 151)

Market Cap-- ₹ 3,083 Cr.
Stock P/E-- 9.25
ROCE-- 86.1 %
ROE-- 64.3 %
Company is almost debt free
Mcap FF (Cr.)---1,386.02

Please maintain SL closing basis as this is small cap stock
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy around 71%(Please maintain your SL)
Trade closed: stop reached
after touching 220 sl hitt

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