BPCL Analysis
This is the analysis of Bharat Petroleum Corporation Ltd. (BPCL).
The company has solid fundamentals, and even on charts we can see amazing move recently.
I am anticipating a correction move in the stock in coming times.
Here are the details of the analysis-
Accumulation Zone- 570- 588
Stoploss- 558
Targets- 636, 680
Duration- 2-3 months.
The risk to reward is between 1:2 to 1:3 which is the perfect setup for any trade.
Let me know what you think.
The company has solid fundamentals, and even on charts we can see amazing move recently.
I am anticipating a correction move in the stock in coming times.
Here are the details of the analysis-
Accumulation Zone- 570- 588
Stoploss- 558
Targets- 636, 680
Duration- 2-3 months.
The risk to reward is between 1:2 to 1:3 which is the perfect setup for any trade.
Let me know what you think.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.