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Monday, 9 October 2017

BEPL/Bhansali Engineering Polymers Technical calls for Tomorrow Trading (9 oct 2017)

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in BEPL.

BEPL is the stock which I would suggest to buy above 119; this can see upside to levels closer to Rs 124 - 125 zones, keep stop loss below Rs 111.

Stock has been gaining for the last 4 days and has risen 42.65% in the period & Outperformed Sector by 8.15%. Vol has risen by 33.06% (Vol compared with 5 day avg vol till 04:00 PM).

Company is expected to give good quarter & it has shown good consistent profit growth of 97.74% over 5 years.

BEPL was closed 10.65 percent up today at 116.40 at NSE.


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