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eastwind65

BPCL NEAR SUPPORT TREND LINE- CHANCE TO GO LONG

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BHARAT PETROL CORP (NSE:BPCL)  
eastwind65  
NSE:BPCL   BHARAT PETROL CORP
Trend Analysis Chart Patterns higherhighs higherlows trendlinesuport Bullish Divergence
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trendanalysis chartpattern higherhighs higherlows trendlinesuport bullishdivergence
BPCL has been making consistently Higher Highs and Higher Lows and the Bottom Support Trend line is providing good support.

Now after making a Higher High on 9 June the price has been falling and it is near the support trend line at around 440.Now we have to see whether the Support holds and the trend changes. There is also a Bullish Divergence.

Keep a sharp lookout.
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