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DSKF16
Aug 26, 2018 8:19 AM

BPCL: Time to Accumulate. Long

BHARAT PETROL CORPNSE

Description

Low of Last trading day is: FIB E 0.786 of "ABC"
In Candle Pattern: Formtion of "DOJI" (Trend Reversal Pattern), when Index is Struggling.
Possibility to form Bullish Candle & if happens "Morning Star" pattern will be confirmed.
Major "-VE" News already discounted.
Trading at Short term Bottoming Out Zone: @ 360 - @ 350 Zone.

.... Entry / Target / SL / TSL' plotted on chart.
Comments
ParimalDevnath
OMCs move as per the Crude price. In these stocks (HPCL,BPCL,OIL) technicals work very less. My humble take on OMCs.
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