Entering 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.
EPL 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.
Trading above 200DMA 191.23. engage in specialty packaging. their clients are eye catching.
As 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 .
Trendline breakout above 190 support 175 upper tgt 205,215 volume not supported
Price has formed a falling wedge pattern If it closes above 195, targets are 200, 207, 213.
Entry when breakout candle(hourly) sustains above it. #Only for educational purposes.
epl ltd giving signs of reversal, accumulation to begin at higher levels after confirmation, no entry to be done now...
Lot 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.
chart looks very good all details marked follow for more
buy @ 158-161 SL wcb 139 targets 190/220/250++ quick move possible
Previous 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.
Bullish 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
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.
Chart -> EPL Weekly After downtrend, consolidation was going on. Now broke out of consolidation with volume activities. CMP: 200 Good Range: 190 to 200 Targets: 255, 290 SL: 180 Weekly Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking...
On the #EPL daily chart, 7-Point With Curve Line Breakout has not been confirmed till now, but volume confirms breakout; please keep it on your watchlist. Same confirmed by the #Nifty/EPL Ltd #Ratiochart. chart. I compared #EPL (EPL Ltd) vs. the #Nifty and its peers from November 28, 2022, and discovered that it has outperformed both the Nifty and its peers in...