EPL
EPL Ltd for 60% gains; best ever quarter resultsDate: 11Nov’24
Symbol: EPL
Timeframe: Daily
EPL (formerly known as Essel Propack Ltd) seems to be in Wave III of 3 which could extend to 400 levels (60% from current price of 250) as seen in the chart. Possible wave counts have been marked which will have to be reviewed as the move develops. EPL has posted best ever quarter sales and profits in Q2 today so a big jump may be seen tomorrow, 12 Nov’24.
This is not a trade recommendation. Please do your own analysis. And I have the right to be wrong.
HINGLISH VERSION
Aisa lagta hai ki EPL (pehle jiska naam Essel Propack tha) 3 ki Wave III mein hai jo 400 ke star (250 ki vartamaan keemat se 60%) tak badh sakta hai jaisa ki chart mein dekh sakte hain. Sambhavit Wave numbering ko chihnit kar liya gaya hai jiski sameeksha chaal vikasit hone par kee jaegee. EPL ne aaj Q2FY25 mein ab tak ki sabase achchhee quarterly sales aur profit darj kiya hai, isliye kal, 12 Nov’24 ko ek bada uchhaal dekha ja sakta hai.
Yah koi trade lene ya invest karne ki salaah nahi hai. Kripya apana vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.
EPL By KRS ChartsDate:9th July 2024
Time: 12:43PM
Why EPL?
1. In a Weekly TF , EPL is showing Cup & Handle Chart Pattern , and successfully Breakout with Good Volume candle.
2. 100EMA working as support underneath.
3. Multiple trendline Breakouts already happened.
with SL of 220 Rs, Target will be 322 Rs.
EPL LTDEPL Limited (formerly known as Essel Propack Limited),is the largest specialty packaging global company, manufacturing laminated plastic tubes catering to the Beauty & Cosmetics, Pharma & Health, Food, Oral and Home.
The company was acquired by the Blackstone group on Aug – 2019 from the Essel group of companies. The Blackstone Group is one of the leading investment firms in the world with an AUM of around USD 511 billion across sectors like private equity, real estate, hedge fund solutions and credit businesses.
The company is the world's largest global specialty packaging company with annual capacity of ~8 billion Tubes with manufacturing units operating across USA, Mexico, Colombia, Brazil, Poland, Germany, Egypt, China, Philippines and India.
EPL - Swing Trade Analysis - 14th August #stocksEPL (1W TF) - Swing Trade Analysis given on 14th August, 2024
Pattern: CUP & HANDLE BREAKOUT
- Resistance Trendline Breakout - Done ✓
- Volume Buildup at Resistance Trendline - Done ✓
- Pullback Candle with Strong Volumes - Done ✓
- Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
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.
EPL Analysis & Prediction in DTFThis is the analysis of EPL in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About EPL :
EPL Ltd. engages in the sale of collapsible laminated and plastic tubes. It operates through the following geographical segments: Americas; Europe; Africa, Middle East, and South Asia (AMESA); and East Asia Pacific (EAP). The Americas segment includes operations in the USA, Mexico, and Colombia. The Europe segment comprises of operations in the UK, Germany, Poland, and Russia. The AMESA segment involves in operations in Egypt and India. The EAP segment conducts operations in China and Philippines. The company was founded by Subhash N. Chandra on December 12, 1982 and is headquartered in Mumbai, India.
EPL consolidation brokeChart -> EPL Weekly
After downtrend, consolidation was going on. Now broke out of consolidation with volume activities.
CMP: 200
Good Range: 190 to 200
Targets: 255, 290
SL: 180 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
EPLEPL:- The stock has formed a descending triangle pattern, although a descending triangle pattern is formed, then the stock follows a bearish trend, but it is also called a reversal pattern, if the above trendline sustains after the breakout, then the stock may have become like this. And the stock has also come for retesting. keep on eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Breakout in EPL Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Weekend pick: EPL LtdChart -> EPL Weekly
The base has formed after a brief downtrend on the weekly chart of the stock, with good volumes.
CMP: 191
Targets: 203, 223 and 258
Good range: Around 182
SL: 163 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.