BPCL CMP 280
Elliott- the rally is a bearish zig zag corrective pattern. In my view it is complete.
Fib - the stock is stuck at the first confluence at 282. If it is unable to close above it for one more day then it is a sell.
MA- see how the MA is giving u buy signals where as price analysis is asking u to sell.
Conclusion - the rally is done. Its time to sell it now.
Elliott- the rally is a bearish zig zag corrective pattern. In my view it is complete.
Fib - the stock is stuck at the first confluence at 282. If it is unable to close above it for one more day then it is a sell.
MA- see how the MA is giving u buy signals where as price analysis is asking u to sell.
Conclusion - the rally is done. Its time to sell it now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.