20-30% upside in BPCL!!
The complex correction to the wave i of 3 beginning from July 2023 has come to an end in the stock.
This should kick start the wave iii of 3 in the stock taking it to approx. 410-420 region in coming few months.
It should also be noted that the company swung into a consolidated net profit of Rs 8,501 crore in Q2 FY24, against a net loss of Rs 304 crore a year ago. The result was declared on 27th oct. 2023.
This should kick start the wave iii of 3 in the stock taking it to approx. 410-420 region in coming few months.
It should also be noted that the company swung into a consolidated net profit of Rs 8,501 crore in Q2 FY24, against a net loss of Rs 304 crore a year ago. The result was declared on 27th oct. 2023.
Note
trail SL to 340Note
stock is completing the first impulse from bottom on hourly chart.profits can be booked in Call options and near month Futures.
Trade closed: target reached
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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.