Chart -> Bhansali Eng Daily After a downtrend, the stock was consolidating in a range of 116 to 120 as resistance. Today it broke out with a good volume pop-up. CMP: 124 Targets: 135, 145, 157 SL: 110 on daily closing basis Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your...
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...
BEPL looks to move in a parallel upward channel and currenty is trading at the lower end of the channel...one can enter after spoting a bullish candle or as per their setup.The strong quarterly numbers would help it sustain within the channel and make new highs.The risk reward ratio is in absolute favour,One can have a small stoploss and the potential upside...
Bhansali Eng (BEPL) - Long Trendline testing. What I see in the chart is, whenever it touches the trendline it bounce back wildly. I hope it will bounce back this time also as Nifty is also bullish. Support:172.90 & Target: 194.8 (10%+) Trade and Invest Wisely with your own knowledge! Good Luck! You can also see my other stock analysis and the results in my...
BHANSALI ENG POLYM is the Bluest of the Blue Chips.!!! Fundamentally it's very strong, Debt/ Eq 0.00 almost and very cheap price as per P/E ratio ( 9.15). Technically 172.6 is a very strong SUPPORT, previously it was the RESISTANCE line. Overall best stock to hold for long-term investment.