ENGRO POLYMER & CHEMICALS LTD
Long
Updated

EPCL

πŸš€ Stock Alert: EPCL

πŸ“ˆ Investment View: Technically Bullish πŸ“ˆ

πŸ” Quick Info:
πŸ“ˆ Entry Level: 43.30
🎯 Target Level: 45.50
⚠ Stop Loss: 42.20
⏳ Nature of Trade: Short Term (Scalping)
πŸ“‰ Risk Level: Medium
β˜ͺ Shariah Compliant: YES
πŸ’° Dividend Paying: YES
πŸ“° Technical View: The current price movement is evaluating a support level, coinciding with the observation of a Doji candlestick pattern, traditionally interpreted as indicative of a potential reversal in market direction. Furthermore, the Relative Strength Index indicates an oversold condition. Consequently, a strategic assessment suggests contemplating a long position entry point at the resistance level of 45.50.
Trade active
Trade closed: target reached
Target was reached and trade was already closed on mentioned TP level

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