EPCL has broken previous lower high and hence is looking good for an upward move. Targets are mentioned on the chart.
🚀 Stock Alert: EPCL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Level: 43.30 🎯 Target Level: 45.50 ⚠ Stop Loss: 42.20 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: The current price movement is evaluating a support level, coinciding with the observation of a Doji...
EPCL is a chemical company providing raw materials to many construction related indutries. It has been in downtrend for very long. Recently it hit the low of 38.5 which is the lowest low so far. From this point it reversed and posted a high of 47.95, which is a significant gain. Than comes retracement which is a natural eventuality. If we apply fib. retracement to...
Channel Broken, correction is expected, Double bottom formation on cards. Below are given Strong Support Zone as per time frame. Out come : Slow Accumulation is advised.. Supports: Daily 43.80 - 43.20 - 40.80 - 39.70 Weekly 43.20 - 39.70 Monthly 37.70 Muhammad Ovais
Support may play well here, else in case support is broken then expect 39.75 double bottom upper side is open accumulation shall be done.