vanathi

BPCL - Need Confirmation!

NSE:BPCL   BHARAT PETROL CORP
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14
Price action has formed double bottom at 598 - 600 level. On taking support Price may move towards 645, 680 and 700. On breaking the double bottom price may move towards 580, 560, 545 and 525. As of now price action havent confirmed long/short. Will update once the price action confirms long or short.
Comment: Uptrend confirmed in daily chart!
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Comments

get ready for positive vwap action for last 30 min.any dip during intraday should be bought
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Hi Vanithi - how do you get price/action confirmation ?
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vanathi ProfitHoga
@ProfitHoga, This is weekly chart. At the end of the week only candle will get complete. Then have to draw a downward trend line, check whether price breaks it.
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