daivick

BPCL - Long strategy

Long
NSE:BPCL   BHARAT PETROL CORP
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 )
Stoploss @ 463.44 ( Rs 1.66)


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