BPCL at good position for swing trade.

BHARAT PETROL CORPNSE

Description

⋅ Jul 19, 2021 3:23 AM

BPCL is respecting the trendline which is there since OCTOBER 2020. And also has retraced up to 50%. After a formation of bullish candle stick, buy signal will get activated for good target with good R:R.

For any query comment below.

Comments

rs1206487

⋅ Jul 19, 2021 10:26 AM

great chart. what can be the stop loss?

Babul_Priya

⋅ Jul 19, 2021 5:29 PM

@rs1206487, A Good SL will be below 60% retracement i.e. around 433-434.