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raj3elite
Nov 12, 2016 4:44 AM

Triangle formation on 15mins Chart - BPCL 

NSE:BPCL15
BHARAT PETROL CORPNSE

Description

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Dear Traders

Triangle formation of BPCL in 15mins chart and it may break either side.
Hurdle for long - EMA 50 lying above the price and it will act as a Resistance.
Other indicators like MACD, Stochastic and RSI looking bullish.

No trade until the price break the triangle.

Trade closed: target reached

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Target reached in market opening..
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