chartistamey

EPL-Do not miss this consolidation breakout!

Long
NSE:EPL   EPL LTD
Essel Propack Ltd(EPL) is sector leader stock among packaging sector and looks like a breakout of triangular consolidation is done.
We can expect a quick move above 240 but today, stock has shown good volumes as well.
This is a relatively slow stock and hence, can test your patience.
But, the risk reward is very good and stock provides a dividend yield of around 2% at CMP.

Positional traders should keep this stock in watchlist.

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