BPCL LONG POSITON

By jaynayak5149
Updated

As you can see BPCL is now trading in a critical support zone.
You can take entry between 355-360
As stock has been corrected there is good probablity and opportunity which has been arise

Technical indicators

1. MACD CROSSOVER - daily and monthly are positive
2. RSI is gainig momentum
3. 200DMA support at -355
4. HEIKEIN ASHI bullish signal(daily)

STOP LOSS around 330

For first 2 targets expected time can be said to be min 1 MONTH
For the third one expected holding can be predicted to be minimum of 3 -6MONTHS


Comment
BPCL TRADING AROUND ALL TIME HIGH @480🔥🔥
WILL IT CREATE NEW RECORD ???
Technical IndicatorsTrend Analysis

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