Epigral Ltd. at Buy Support. CMP 2158Epigral Ltd. at Buy Support. CMP 2158. Breakout at 2300. Momentum is strong, needs volumes to support the move.Longby Pratik_SmartEye1
Epigral Ltd for 30%+ gains; Strong Q2 resultsDate: 10 Nov’24 Symbol: EPIGRAL Timeframe: Daily Epigral (formerly known as Meghmani Finechem) seems to be in Wave V of 3 which is heading towards 2800 (33% from current price of 2100) as seen in the chart. There is a possibility of Wave V extending to 3000 which we can assess once it closes above 2500. Let’s keep a stop loss at 1840 on closing basis. Q2FY25 results on Saturday were good so the run up should continue. This is not a trade recommendation. Please do your own analysis. And I have the right to be wrong. Epigral (jise pehle Meghmani Finechem ke naam se jaana jaata tha) 3 ke Wave V mein hai aisa lagta hai jo 2800 (2100 kee vartamaan keemat se 33%) ki taraf badh raha hai jaisa ki chart mein dekha gaya hai. Wave V ke 3000 tak badhane ki sambhaavana hai jiska aakalan hum 2500 se upar band hone par kar sakte hain. 1840 ke neeche closing basis stop loss rakhein. Shanivaar ko Q2FY25 ke nateeje achhe rahe to teji jaari rehni chahiye. Yah koi trade lene ki salah nahin hai. Kripya apana vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.Longby DhandhaPaani0
Fourth largest manufacturer of Chlor-Alkali has given breakoutHello Everyone, i hope you all will be doing good in your trading and your life as well, i have brought another stock from chemical sector which produces Chloralkalis: Caustic Soda Lye and Flakes, Liquid Chlorine, Hydrogen, Caustic Potash Lye and Flakes, etc. Company belongs from solid fundamentally Meghami Group. it is the fourth largest manufacturer of Chlor-Alkali in India. Stock has already given breakout of Triangle Pattern on weekly timeframe and after retesting the breakout level stock has given breakout of neckline of previous highs. Now there is high probability stock should fly from here towards our given targets on charts. Stock is good to hold for long term also, this can give you multifolds returns in long term. For short term and near long term targets i have already placed on chart. Market Cap ₹ 5,092 Cr. Current Price ₹ 1,226 High / Low ₹ 1,277 / 811 Stock P/E 26.0 Book Value ₹ 272 Dividend Yield 0.41 % ROCE 32.1 % ROE 39.4 % Face Value ₹ 10.0 Industry PE 18.6 Debt ₹ 971 Cr. EPS ₹ 47.2 Promoter holding 71.4 % Intrinsic Value ₹ 1,483 Pledged percentage 0.00 % EVEBITDA 12.4 Change in Prom Hold 0.00 % Profit Var 5Yrs 18.3 % Sales growth 5Years 29.6 % Return over 5years % Debt to equity 0.86 Net profit ₹ 196 Cr. ROE 5Yr 37.7 % Profit growth -47.8 % PROS:- Company has delivered good profit growth of 18.3% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 36.8% Debtor days have improved from 46.8 to 27.7 days. CONS:- Company might be capitalizing the interest cost. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.Longby TraderRahulPalUpdated 3381
Call and put stratagyMoving Averages (MA): The script uses two simple moving averages (SMA) — a shorter one (default length of 9) and a longer one (default length of 21). The strategy is based on the crossover of these MAs. RSI (Relative Strength Index): An RSI indicator is used to check if the asset is overbought or oversold, adding another layer of confirmation for buy or sell signals. Buy Signal: A buy signal is generated when the shorter MA crosses above the longer MA, and the RSI is below the oversold level (30). Sell Signal: A sell signal is triggered when the shorter MA crosses below the longer MA, and the RSI is above the overbought level (70). How to Use: Copy and paste the script into the Pine Script editor in TradingView. Adjust the input parameters as needed based on backtesting results or personal preferences. Add the indicator to your chart and analyze its performance. Important Note: Backtest the strategy with historical data to check its performance and make necessary adjustments. No indicator can guarantee 90% accuracy consistently. It is crucial to use risk management techniques and combine this indicator with other market analysis tools. Would you like to add any specific features or customize this strategy further? by sai8686491878112
epigral- looks massively bullish with todays closingmassive strength, trading on massive volumes at ath levels,Longby whale_tradesystem63
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in EPIGRAL BUY TODAY SELL TOMORROW for 5% by Kapil-Mittal224
Epigral Ltd - Breakout Setup, Move is ON...#EPIGRAL trading above Resistance of 1736 Next Resistance is at 2545 Support is at 1235 Here are previous charts: 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. Longby MandeepSinghKohli114
Epigral-DO NOT MISS!Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!Longby chartistameyUpdated 13
Breakout soon in EPIGRALRound Bottom Breakout Setup RSI above 70 and rising Trading above EMA50 Volume increasing 10+ months of consolidation enter after confirmation Disc: for study, not a recommendation Longby plus_charts112
EPIGRAL - Rounding bottom with low volumesClear rounding bottom with low volumes. Targets(T1 & T2) mentioned along with expected time frames. Adding stop loss from now on(marked as SL). Disclaimer: No recommendationLongby anshusaurav2
Epigral has something going onFII and Promoter increasing the stake though OPM, profit and sales reduced YOY. probably because it got separated from Meghamani group. It looks good for long termLongby viralpatoliya0
cup and handle patternPOSITIONAL EQ (30-90 days) cup and handle pattern Channel Trading Strategy Longby manoharlikeit0
EPIGRAL#EPIGRAL - Consider adding the stock to your watchlist as it shows potential for a breakout soon. The weekly chart reveals numerous bullish candles forming, accompanied by significant volume.Longby Sudhi4488Updated 1
NSE:EPIGRALShort/Medium Term Trade 50% @ 1210 +40% if sustains above 52wHi (1284.4) +10% @ 5-7% above 1284.4 - if this happens Peeling starts above 1500. SL: 1145 (20-EMA /5% entry) Timeframe-3-6MLongby s_s3n1
Amazing breakout on Weekly / Daily Timeframe - EPIGRALCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME. PS: No new Nifty500 script can escape from me when making a breakout. :-) PS: This script is shared 1-2 days delayed. Sorry for the delayed charts. Longby Yoyohoneysingh931
EPIGRAL - Swing Trade - 18th February #stocksEPIGRAL (1W TF) - Swing Trade Analysis given on 18th Feb, 2024 Pattern: SYMMETRICAL TRIANGLE - Volume buildup at Resistance - Done ✓ - Resistance Breakout - In Progress - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #EPIGRAL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindiaLongby TradeRyteStockzUpdated 4
can this break on the upside sustain?Came under the scanner.. Looks interesting break on upside. can wait for a retest as volumes aren't picking as expected. need to wait and watch how it plays out. Just an analysis.by Adithiyaa0
EPIGRAL | One more high probable setup - Looks good for 60-70%EPIGRAL | One more high probable setup - Looks good for 60-70% CMP : 1050 (Dip : 970) SL : 850 (P.S : This is a demerged stock of MOL)Longby srikartiram9
EPIRGRAL LTD / Meghmani Finechem LimitedEpigral is India's 4th largest manufacturer of Caustic Soda, Chlorine and Hydrogen and a leading manufacturer of Caustic Potash, Chloromethanes and Hydrogen Peroxide. Epigral is strengthening its position in the specialty chemical segment by expanding CPVC Resin capacity to 75,000 TPA, setting up CPVC compound capacity of 35,000 TPA, entering into the Chlorotoluene & value chain and setting up R & D centre. The company said it has launched first research and development centre at Ahmedabad spread over 14,374 square metres with an initial investment of Rs 30 crore. PE is attractive at 18.17, lower than its sector PE ratio of 104.49. Annual Revenue rose 41.24%, in the last year to Rs 2,196.38 Crores. Its sector's average revenue growth for the last fiscal year was 16.95%. Annual Net Profit rose 39.76% in the last year to Rs 353.29 Crores. Its sector's average net profit growth for the last fiscal year was 4.91%. Promoter Share Holding remains same at 71.38%. Worth holding the stock for 2-3 Years !!! Longby rsptraders2017222
Meghmani Finechem - Commodity MomentumOne of those stocks which hasn't moved a lot yet in the chemical pack.. Long above 1050 with a stoploss below 990 for conservative traders and 1040 for aggressive traders. Under the right environment this stock could give a great risk to return. Longby rdkriplani1
Swing Trade Buy MFLAs per Swing Trading Strategy MEGHMANI FINECHEM LIMITED Looks Bullish Support taken near 970-980 if its break then it will test 920-930 Level Positive Notes - Prompters Holding above 71 % Pledged Stock - 0% Last 3 year Constant Profitable FII and MFs are Buying this stock and increasing Participation. Level to Be Consider Buy Near 995-1005 Stop loss - 920 Target 1080,1120,1180 Time Frame - 90 Days Only For Educational Purpose. Longby PrachiMethaUpdated 4
BUY--RSI below 30 which indicates oversold --short trem Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do your own analysis and consult your financial adviser if need be Longby shreks141
MFL | Simple breakout looks potential for 35-40%MFL | Simple breakout looks potential for 35-40% CMP : 1126 SL : 1000 Target : 1700Longby srikartiram119