nikhilgodhani

Breakout in BEPL (TECHNO FUNDA PICK--2)

Long
NSE:BEPL   BHANSALI ENG POLYM
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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