Breakout in EPLEPL has given Breakout from trendline in weekly time frame, you can make position in this on your own risk.
EPL trade ideas
EPL CMP 211EPL 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 Group also has an exposure in the packaging industry through acquisition of varied companies such as the USA based Graham Packaging, Owens-Illinois Inc, Ohio and China based packaging firm ShyaHsin.
Market Cap: 6734 Cr
Stock PE: 26.3
EPL nearing entry level of 200EPL nearing entry level of 200✅✅
The stock is up over 3.5% in Intraday and was hovering close to 196.5📈
Can be a good pick for short term swing trading. surpassing the 200 level will also confirm a breakout above a trendline resistance.✅
Entry: Above 200✅✅
Sl: 178❌❌
TGT 1: 235🔥🔥
TGT 2: 278📈📈
Note: Do your own alaysis before investing or trading.
EPL at CMP 188 looking all set for easily crossing 300+ EPL is looking good with so much of consolidation in the recent past is looking set for breaking out above 200 where it can be added more for targets of minimum 300/-
The only problem here is FII and DII decreased their holdings in it in past few quarters.
EPL SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
EPL - Weekly AnalysisIn the Weekly Chart of EPL ,
we can see that, after retesting , it ready for big move.
Expected move is shown in chart.
EPL Stock Looking Good Above 196✅✅EPL Stock Looking Good Above 196✅✅
The Stock is approaching a monthly trendline resistance and may trigger a breakout once the trendline is broken.
Also, the stock is currently retesting its previous accumulation zone and is forming a double bottom pattern.
Best Buy: Above 196 ✅✅
SL: 147❌❌
TGT 1: 248🔥🔥
TGT 2: 318🎯🎯
Note: Research on Your Own Before Investing.
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.
Long EPLEntering Stage 2
Higher highs and higher lows
Improving results
increased volumes
cmp 202.7
sl 190
target 260
Reversal of downtrend with Highest volume in the last 10 years. Reversal of downtrend with Highest volume in the last 10 years.
EPL for short term 15 rs profit possibleEPL 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
This stock has good fundamental ,and technical strong ,and in uptrend.so in our view stocka can go up to 215 in short term .exit when target achive.
EPL long term upmove probabilityAs one can see it form triangle pattern in monthly chart while moving above all averages with rsi moving up ..can it breakout 220-240 area to retest ath..let us observe as learning through sharing .
Breakout for EPL ( Falling Wedge Bullish Pattern)Price has formed a falling wedge pattern
If it closes above 195, targets are 200, 207, 213.
EPL- Wait for oppurtunityEntry when breakout candle(hourly) sustains above it.
#Only for educational purposes.
EPL LTD, ACCUMULATION to begin,,,epl ltd giving signs of reversal, accumulation to begin at higher levels after confirmation, no entry to be done now...
Multiple confirmations in EPLLot of confluence seen on this chart.
1. Good break and retest of resistance which is used as SL:200
2. Retest level co-inside with 20ma and 200ma
3. 20ma is rising so we are in buy on dips mood. (as discussed in earlier moving average post)
4. Earlier resistances 250 and 280 are now our target
5. Good volumes in green weeks means good buying at lower levels.
Change of polarityPrevious resistance could become support, if the level is broken and price sustains above it. Never trade without a stop loss.
Volatility is part of the game, and even our friend.
EPL : Higher High and Higher Low Formation with 52WeekHigh BreakBullish Structure as per Dow Theory
CMP 211.80
Target 222, 240+
SL : 190
Risk is yours and Reward is too yours totally.
Time Frame : 1 to 3 months
Volumes are being increased drastically.
Long Term Target : 450
EPL IS READY?DISCLAIMER
Our video is intended only to provide general and preliminary information to traders/investor and shall not be considered as any investment decision. Do your own analysis, This is not a buy or sell tip. This is just for educational purpose only. And I'm not responsible for your Profit or loss as I'm not a SEBI registered financial advisor.
