Stock has found its good support near 100 at 0.618 level. Can buy now for a target of 135. SL will be 98.
The market works in cycle. Once around support level it will reach the resistance which counts as a cycle. Right now we are at a start of a cycle. BEPL is a sound stock which makes it even better choice. The lines are self explanatory. Please provide your comments if you see any scope of improvement. I feel like my charts are best. Disclosure : I am not SEBI...
BEPL Study - 3 Supply Zone breakout with high volume Target of 140 With SL - 113 This chart is only for educational purpose
Fundamentals : Strong, consistent on Sales, Profits, significant EPS growth. High Reverse Vs zero Debt! Technicals : Bullish, Falling wedge breakout with high vol, forming C&H, Harmonic activates above R1, price above MAs - 20-50 R 1: 140 R 2: 160 R 3: 190 S : 10
BEPL Looking strong as the volume is building well. Hope it breaks the upper end of the trading range if it breaks on the higher side. immediate target is 170.. If earning season is good then it will blast in next few weeks. This is for Educational Purpose.
BEPL is giving falling wedge breakout at 110. Go long for target of 138 with SL of 99.
Looks poised for a good up-move of 17% Entry - 126.70 T1 - 142.75 T2 - 149.45 SL - 116.50
#BEPL next harmonic Target -1- 137 Target -2 - 170/173 SL-117 CMP:131 @ 1 Septemeber 2022 Timeframe - 2- 3 months.
Monthly chart here - The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one...
BEPL Downtrend broken Key Zone tested and broken with high volume spikes Fundamentals - zero debt company, ABS material making company This chart is only for educational purpose
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...
Trendline breakout in beml with good volumes and target are marked on chart.
BEPL | Excellent setup - Short term looks 20-30% CMP : 124 (Dip : 120) SL : 115 Target : 145, 155 1:4 risk reward setup for first target Weekly chart looks potential for 70% - I'm visualizing Cup & Handle making, reversing from 200 EMA + Fib + Strong demand zone
about company - Bhansali engineering polymers limited (bepl) has pioneered in manufacturing international quality acrylonitrile butadiene styrene (abs). the company is a value driven organization, aiming excellence in providing quality products and services, since its incorporation in 1984.BEPL is a company that takes pride in being the lowest cost producer of ABS...
From long term or short term perspective, this stock has to correct to 130-140 level, to be able to see strong & healthy uptrend to break resistance @200 which hasn't been breached since 2018. Lack of volume and strength to breakout. May witness short rally upto 205 before declining.
BEPL - If it is Cross 130 it will break the lower low formation pattern - Uptrend Educational purpose ...
Bhansali Engg waiting for Reversal. Cup and Handle pattern and Fibbo