Bullish on EPCLI expect epcl to explode from current levels and make new highs. According to time cycles the stock consolidate for 3.5 years approx before every bullish cycle. Each time after cosolidation the stock has given a 3x retrun to its shareholders. Longby abid1570137
EPCL is BullishEPCL has broken previous lower high and hence is looking good for an upward move. Targets are mentioned on the chart. Longby Fahad-Rafique334
EPCL🚀 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 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.Longby mbaberhanifUpdated 5
PSX: EPCL OPPORTUNITY FOR SMART ENTRY.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 this gain we realize that price, almost, retraced to the level of 0.38 which is a healthy sign and to day it has printed a green candle which may be a clue to reversal. the only caution to this scenario is the volume, which is lower than the 20sma. Here it will be advisable to keep close monitoring of the security and we may use fib. level of 0.5 as support levels and conformation with high volume can trigger a buy call. At 49.25 we have a resistance on the chart, when crossed shall lead to TP-2. Longby usufgul4
EPCL 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 Longby ovaissiddiq6
EPCL 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.Longby ovaissiddiq7