BPCL - Long strategy
Prices have risen from a falling trendline and have been consolidating for over 3 weeks and made it's first attempt at breaching past the last two weeks resistance levels.
RSI Levels are currently at 57.90
Go long should it cross 60 at tomorrow's opening
GMMA has ended the day with a positive momentum sign.
KST has shown a positive crossover
Prices have closed above 50 DMA and can be considered bullish
BB is showing a squeeze at 10Min time frame
KST has shown a positive crossover
Entry @ 465.10
Target: 469.49 (Rs. 4.40) [This is at first resistance]
Stoploss @ 463.44 (Rs 1.66)
RSI Levels are currently at 57.90
Go long should it cross 60 at tomorrow's opening
GMMA has ended the day with a positive momentum sign.
KST has shown a positive crossover
Prices have closed above 50 DMA and can be considered bullish
BB is showing a squeeze at 10Min time frame
KST has shown a positive crossover
Entry @ 465.10
Target: 469.49 (Rs. 4.40) [This is at first resistance]
Stoploss @ 463.44 (Rs 1.66)
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