$EPCL Engro Polymer & Chemicals Limited (EPCL): Reversal Structure Unfolds – By Alpha-Akseer Research

Alpha Capital 19 Dec, 2025

EPCL (LDCP 35.77) price has confirmed a bullish reversal by breaking above the long-term falling wedge resistance near 34.50-35.00. The wedge’s measured move projects an upside target toward 51.47-53.00, the former level being the 38.2% retracement for the overall bear trend. The 35.00 zone now acts as key support, where pullbacks may offer accumulation opportunities. A close below 31.00 would negate the breakout and defines downside risk.

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Current:

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52 Week High:

Vol Avg(12 m):

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