Get started

BEPL

BEPL - Bullish BreakOutThe stock was moving in an ascending pattern on the lower trend line, and has now crossed the top resistance level. It is now trending closer to its all time high of 224.5, which is given as a near term target. Break out happened with significant volume, suggesting that the trend is expected to continue. Depending on your risk profile, you may maintain a stop loss at ~180 levels. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you liked the idea.
NSE:BEPLLong
by Yes2Profits
Big Breakout in BEPLBEPL broke out of its 5 month long sideways move to close at a fresh post crash weekly and daily closing high of 185.65. Overhead resistance of 210 (2018 all time high) is very important and the stock may take some more time to break through this level. However once this resistance is taken out on a weekly basis the stock enters uncharted territory (ATH) and can rapidly go much higher. This makes BEPL a great medium to long term buy at this price. Resistance : 210 weekly and 220 daily (both from 2018) Target : 220 is a good short term target. the 1.618 Fibonacci level of 341 is a great medium to long term target. Stop Loss: Bullish view is invalidated if stock gives a WEEKLY close below 165-168
BSE:BEPLLong
by drupadk
BEPL BreakoutNSE:BEPL Fundamentals:- Bhansali Engineering Polymers is engaged in manufacturing of ABS and SAN resins which is classified under the category of Highly Specialized Engineering Thermoplastics. 5 year sales and profit CAGR at 13% and 69% respectively. ROE for last 3, 5 and 10 years greater than 20%. Debt to equity at 0.0, Interest coverage at 1035 and Current ratio at 2.86. Dividend yield at 0.33% and consistent dividend payer since 2015. Company has enough cash for future growth plans. FCF (free cash flow) to CFO (cash from operations) at 62%. The stock has given a volume breakout today. Buy with a stop below Rs.145.
NSE:BEPLLong
by akashbothra
1