BEPL trade ideas
BEPL CUP & Handle breakout-expected 100% returnAs per my earlier analysis while entry taken 155~163 range with SL -150.
Also I told fresh entry can be taken if breaks 185, now weekly confident closing around 185 gives a chance for fresh entry for Target 212~220.
if sustain & breaks 212~220 range final target is 318~325 as per Cup and Handle pattern.
Of course in between two target 250 and 286 also to be considered as my earlier analysis - link given below.
BEPLWe have seen good buying momentum coming in this stock. If it crosses the trendline we can expect another good upmove in the stock. The best buying range is 170-172. But if it goes below 170 then wait for entry. Fundamentally a very good stock. Always keep on your radar.
BEPL (1D)Breakout of triange pattern with increase in volume. it will break its ATH @180. Can trade in 2:1 for safe trade. More risk will definately deliver more profits. I am new to this, comments are appreciated.
VCP Breakout on BEPLBEPL has given a breakout of a Volatility Contraction Pattern that has been forming since the last 6 months.
DON'T MISS THIS EASY MONEYMAKING SETUP.Technically,all levels provided in charts.
Fundamentally,stock is extremely strong with no debt.
EPS of Dec 2020Q risen by 800% while that of Mar 2021 risen by 900%
Net profit and sales of both quarters have also risen exponentially.
Backed up by both technical & fundamental factors stock looks extremely well & poised for next upmove.
cup and handlePivot entry is marked, results are awaited on 31/5 . Wont be taking any position before results. looks a decent set up.
