EPL LTDLong
EPL-Do not miss this consolidation breakout!
Essel Propack Ltd(EPL) is sector leader stock among packaging sector and looks like a breakout of triangular consolidation is done.
We can expect a quick move above 240 but today, stock has shown good volumes as well.
This is a relatively slow stock and hence, can test your patience.
But, the risk reward is very good and stock provides a dividend yield of around 2% at CMP.
Positional traders should keep this stock in watchlist.
We can expect a quick move above 240 but today, stock has shown good volumes as well.
This is a relatively slow stock and hence, can test your patience.
But, the risk reward is very good and stock provides a dividend yield of around 2% at CMP.
Positional traders should keep this stock in watchlist.
Note
We have seen weekly closing above 240. Stock is ready to fly!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.