kunalkisnani23

Expectations of a strong move in BPCL

Long
NSE:BPCL   BHARAT PETROL CORP
We can see a breakout in the trendline of BPCL, which acted as a resistance at multiple levels. This breakout is followed by the crossing of the stock price above 200 EMA and a retest. The stock price has shown us a buy signal with the help of a strong green candle formation. We can expect the stock price to move to 379.45 as it will act as strong resistance in future.
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