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rvc8280
Jan 15, 2023 12:34 PM

BPCL - Refill Fuel tank before zoom  Long

BHARAT PETROL CORPNSE

Description

Pls note: This is completely my perception.

NSE:BPCL

BPCL seems to be on continuous raise from 290 levels with correction and again forming Higher Highs.

356 will be one minor Hurdle - if the cross sustains this level -- we should see strong upside candles in a short period.

Based on the Below chart -

From a Monthly Futures perspective - BPCL's current series VWAP crossed the Previous MOnth's VWAP and also took support from the current series.

From a Daily closure perspective - trying to take off Monthly HIgh - Once this is done & closed above 356 -- next target will be 396.

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