EPL -DAY CHART - 16.11.2022 - BAHAVAN CAPITALEPL as per Day Chart Analysis Stock ABOVE 152.5 TARGET 155.50
Happy Profitable Trading to All...
EPL trade ideas
10-15 percent gainsEPL holding its ground in a choppy market
entry price might be at 155/160 levels for a decent 15 percent gain..
momentum exaution seen, may pickup any time
holding the stock not adviseable as may reverse at any point, strict entry, target and stoploss to be observed
Buy Today, Sell Tomorrow: EPLDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
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 EPL
Buy Today, Sell Tomorrow: EPL
EPL | Looks good for 15%EPL | Looks good for 15%
CMP : 169
SL : 160
Target : 195
1:3 risk reward setup
EPL EPL taking support multiple times can head towards the resistance again. Levels marked on the chart.
retracement ahead along with RSI divergencedouble bottom formation a bit complex, it should extend more. Also volumes are increasing along with price
EPL trendline breakout with volumesEPL
Given trendline breakout
a close above 183 can take it to 195 very quickly
Volumes high
stay tuned!
EPL - Bullish BUTTERFLYEntry Price - 221
Stop Loss - 188.4
Target - 279.6
Note: For Educational Purpose Only
EPL Ltd- Interesting pick 😁 Can we consider this for long-term, have a good global presence 😎😎😎
For short term, target and Sl are same as per the chart analysis.
Those who are looking for long-term, I would say keep accumulating this script by keeping SL @ 195 target will be around 400
*Only for educational purpose.
EPL Swing Trade Idea#EPL - Swing buy @ 260 for 277.50 with stop loss below 255. Risk:Reward = 1:3.5 #swing #Positional
