BHANSALI ENG POLYM NSE:​BEPL

It has touched 0.5 fibonacci. Will it bounce back ?

The last support is at 128.10, but I think the turn around should start from 129.45 tomorrow. My opinion, please consult experts for investment decisions.

It is a 75 and 35 day combined chart. The resistance points are 141.30, 143.95, 156, 160. Yesterday the stock stopped short of 141.30. Support at 134.5

BEPL consolidating with a support at 136.95. For Monday if the stock closes above 142.75, it will have 1/3 resistance crossed and may turn further bullish.

Last week the stock could not cross 4/1 resistance. It is hoped that it will be able to cross 158.70 on closing basis on monday, to move further up.

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May reach 161 in 15 days

Either the stock starts up move from here or may visit support at 120.50 for further up move

293 days daily chart. The 8/1 ascending angle at 119.50 never got tested. The 1/1 descending line will have diminishing influence as today the stock has turned bullish and hit UC. Expect 155.50 in the short term which is 4/1 resistance on the ascending fan.

Bearishness will gradually go away as the stock goes away from the influence of descending line. Today the hindrance was the Upper Circuit limit of 5%. The stock will start behaving normally once it crosses 8/1 ascending line which it may cross in two days at 140.70.

If due to result the scripn turns bearish, intermediate support exists between 131-134 and further down 2/1 support exists at 108.5

The triangle formation with dozi may be the indication of imminent breakout this week or early next week. 140-142 may turn out to be a good entry point, as was earlier assumed.

Crossed important 4/1 resistance. One may hope for 169 and support at 147.90

Hi All, As per the chart details I think there is further some more downside with a SL of 110, but if you look the company fundamental and other aspects I think this is the best time one can make entry and can reap the gains. Thanks Gaurav

Else, will gradually go down to 112.50

BEPL has formed a strong support at 158 Recommended a strong buy on this stock and add on dips Buying range: 185 to 195 SL : 158 Target: 250-260

Scrip can be seen taking crucial support at 158 and has formed cup and handle formation. Any pullback could be opportunity to buy fundamentally sound company. I think once it comes out of the formation after some pullback, Should surge up to greater highs MACD bearish convergence can occur when the moving averages move towards each other and can pullback the ...

POSITIONAL Bhansali Engineering Polymer Buying Range :- 195 to 185 Support :-170 (CB) Target :-250 280 300+++