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BPCL Analysis for 10th March
BHARAT PETROLEUM CORP LTD
BPCL Analysis for 10th March
By S2Y3
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Mar 9, 2023
1
Mar 9, 2023
Technical analysis of BPCL
1) rejection From the 50% Fibonacci retracement level
2) Formation of symmetrical Triangle
3) Consistent supply [i.e Volume ]
4) No RSi divergence Spotted but, it's below 50
I am gonna be neutral on the analysis And I'll trade with the trend or play the reversal of the trend.
Chart Patterns
Trend Analysis
S2Y3
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