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UnknownUnicorn3420404

BPCL 1H AND 4H TREND ANALYSIS

Long
BHARAT PETROL CORP (NSE:BPCL)  
UnknownUnicorn3420404 Updated   
NSE:BPCL   BHARAT PETROL CORP
Trend Analysis
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trendanalysis
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.
Comment:
T1 HIT
TRAIL SL AT T1
Comment:
T2 ACHIEVED.
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.
Comment:
TRAIL SL AT T2
Comment:
CLOSE TRADE AT 366. NO NEED TO TAKE RISK AS GOT GOOD RETURNS.
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