NeeteshJain

BPCL Breaking out Ascending Triangle (Strong Bearish Signal)

Short
NSE:BPCL   BHARAT PETROL CORP
The price action has finally breaks out from a long preceding Ascending Triangle on daily chart , that indicated weakness and a bearish reversal.

Target: 545
Stoploss: 600

Comments

Neetesh thanks for updating ur views on so many stocks, pls if u can post ur views on TCS n LT will be gratefull.
+1 Reply
I shall be updating my views on the requested charts in a while, I sincerely appreciate your input. Regards.
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Neetesh I'll appreciate ur views ...great.
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theeye theeye
Thanks for the inputs, I was watching TCS if it will move up to fill the gap but am not skilled in technical aspect....thanks.
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