" />

EPCL Engro Polymer Corporation Limited Analysis 14 March 2016

Share Post:

Rebound Insight

Our Pivot: 7.51

Our Preference: Buy EPCL above 9.00 and average it out till 8.14 with strict stop loss of 7.51 and profit target at 10.69 with extension towards 11.26.

Alternate Scenario: Downward penetration of 7.51 will call for 7.02.

NOTE: EPCL is getting support from a rising trend line along with a strong horizontal support. Weekly Stochastic and MAORSI are in bullish mode.

Recommendations:

Buy above 9.00 and average out till 8.14 and target at 10.72 and 11.26.

Weekly Chart with Supports and Resistances:

EPCLW14032016

EPCL 11
Overview
Quick Snapshot
Free Float

318,123,167

O/S Shares

908,923,333

Market Cap. (m)

0.00

Var Value

13.00

Hair Cut

17.50

Last Price

9.45

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports9.379.299.20
Resistances9.549.639.71
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
19.97
30.26
QTD Price Return
19.97
30.26
3M Price Return
28.71
50.14
6M Price Return
27.50
47.03
9M Price Return
33.57
64.06
YTD Price Return
31.53
57.92
1Y Price Return
28.46
49.49
3Y Price Return
53.47
164.52
5Y Price Return
64.26
295.99

Explore