BPCL: Long rounding formation

BPCL at a good point in terms of risk-reward. One can enter here with 400 as WCB stop loss. The target is near 470-480. If it clears that then can head to 520-530. Also, it has retraced till 50% and has formed a Bullish candle on weekly time-frame there.
BPCLbpclanalysisbpcllongCup And HandleFibonacciMoving Averages

Disclaimer