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db_super_chartist
Jan 8, 2021 4:23 PM

BPCL in a symmetrical triangle 

BHARAT PETROL CORPNSE

Description

BPCL is trading inside a symmetrical triangle and waiting for a move in either direction. Have tested the upper resistance line quite a few times, till now there is neither a breakout nor a breakdown, lets see how it pans out.

Comment

BPCL has given a good breakout and next it may move towards its first target of around 465-470 level.
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