Okay, This one was #Requested by @Sensiiiii Here is all you need to know about NSE:POLYPLEX : - Stock depreciated about 60 % from its ATH - It filled the long due Gap and took support from it - Thence, It has been consolidating for 9 Months now - Price trading below 200 EMA a.k.a accumulation phase - The PE was 15 at ATH and after 60% Depreciation, it still...
📊 Script: POLYPLEX 📊 Sector: Packaging 📊 Industry: Packaging Key highlights: 💡⚡ 📈 Script is giving breakout of Double Bottom Neckline on daily chart. 📈 Script is trading at upper band of BB and giving breakout of it. 📈 Already Crossover in Double Moving Averages and MACD. 📈 Right now RSI is around 72. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 995 🟢 Target 🎯🏆...
BEPL 103.95 TGT 200 SL 80 TF < 8M NSE:BEPL RR > 4 If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
Technical Analysis of Polyplex Corporation Ltd. Elliott Wave Counts and Structure The chart illustrates a possible Elliott Wave count on a weekly time frame, identifying key waves and corrective patterns. Here’s a detailed breakdown: 1. Primary Wave Structure: - The chart shows an unfolding five-wave impulsive structure, with Waves (1) through (4)...
An undervalued stock in the packaging industry, Polyplex has been stressed in this bull run and is currently trading below its book value. Volume is building up and DMI indicates buyers momentum building up. Any move above 1100 should propel the stock price upwards from here Entry - 1100 Will update SL and Target once trade is triggered
Polyplex Corporation Ltd. has the 7th largest capacity of polyester film globally. The company supplies it’s products to 2650+ customers in 75 countries across Europe, America, Far East, Asia Pacific, Middle East and The Indian sub-continent. Polyplex Corporation CMP is 1357.65. Negative aspects of the company are declining annual net profits, declining cash...
#EPL NSE:EPL CMP: 191 TP: 273 SL: 143 TF: <6m RR > 1.7 times Return 40% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish...
wait for breakout #polyplex wait for breakout #polyplex wait for breakout #polyplex #long #long
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Powerful breakout with good volume, we may see more good moves in upcoming days.
Buy above 940 for above target
CMP 616 Long suggested around 610-620. Stop 575 Logic: Weekly chart Cup pattern breakout with good volumes. Fundamentals - Exponential growth in EPS and sales observed in the last 4 quarters / D-E 0.3 / Promoter holding 51% / Mkt cap 1970 cr and FF 980 cr.