BHARAT PETROLEUM CORP LTDUpdated

Long on BPCL

BPCL has broken the weekly trendline (white colored line) and also retested it on last friday.
BPCL has yet to break the green trendline , which would confirm the bullish flag pattern and shift BPCL's momentum towards bullish .
BPCL has used the orange line, which was previously a resistance, as a support and is ready to bounce up.
Target 500 with SL at 460
Trade active
SL reached, but the trade is still active. Buy at CMP for target of 500
Trade closed: stop reached
Close the trade and follow my new analysis

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