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GyanTrader_AKS

BPCL - Double bottom on support, trendline breakout

Long
BHARAT PETROL CORP (NSE:BPCL)  
GyanTrader_AKS  
NSE:BPCL   BHARAT PETROL CORP
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
Budget Pick 2: BPCL

Fundamentals : Decent, YOY Sales growth, decrease in Profits as high expenses due to crude price, DII stakes increased significantly. Healthy Dividends!

Technicals : Corrected, Formed double bottom at Strong Support in Wedge. 50 DMA crossing 200, Attractive RR!

R1: 360
R2: 400
R3: 460

SL: 285
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