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BPCL 1H AND 4H TREND ANALYSIS

NSE:BPCL   BHARAT PETROL CORP
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LEVELS MENTIONED IN CHART.
GOOD R:R RATIO
1.BREAKOUT ABOVE TRENDLINE
2.CLEAR UPTREND IN FORMATION.
3.ENTRY,TARGET AND SL BASED IN FIBONACCI LEVELS.
Mar 04
Comment: T1 HIT
TRAIL SL AT T1
Mar 05
Comment: T2 ACHIEVED.
Mar 05
Comment: THREE WHITE SOLDIERS FORMATION SHOWS BULL ARE STILL STRONG. PRICE MAY HIT 375 LEVELS. RISK TAKERS CAN LOOK FOR CONFIRMATION ON NEXT DAY AND THEN CLOSE TRADE ACCORDINGLY.
Mar 05
Comment: TRAIL SL AT T2
Mar 05
Comment: CLOSE TRADE AT 366. NO NEED TO TAKE RISK AS GOT GOOD RETURNS.

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