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Money_Dictators
May 2, 2022 12:26 PM

BPCL LTD Technical studies For Swing Traders 

BHARAT PETROL CORPNSE

Description

BPCL looks bearish as it falls below 399 support and goes back 5 days.

BPCL made a big belt candle and started falling. According to past performance, if the trend is weak, the price will make a bunch of bearish candles. The swing dealer can wait for the T1 356 to break.

But if the market breaks the level of 399, there may be a bullish movement in the market.

If this level is broken then good bearish speed can come.
Targets : 356 - 331 and more

Invalidation: breakout of T1
Thank you!
Money_Dictators
Disclaimer: This is NOT investment advice. Invest your capital at your own risk.

Trade closed: target reached

Target 1 @356
Target 2 @331

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Comments
newbieintrading
as ...ur both tgts have been hit.... now what's new update?
Money_Dictators
@newbieintrading, I will update new setups.
supreme_bull
Nice idea
Money_Dictators
@supreme_bull, Thank you for your appriciation.
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