BPCL - GAP FILLED - NOW LOOKS GOOD TILL IT HOLDS 340 LEVELS - TGTS CAN BE AROUNT 380-400
It is at the PRZ of a Bullish Harmonic AB=CD Pattern suggesting a bounce/reversal provided it holds 346. It's expected reversal levels are 390 & 405 AB=CD Harmonic Patterns are derived out of specific Fibonacci Ratios which form parallel running channels appearing in the shape of a thunderbolt.
Hey Guys If you have watched my BPCL trend analysis! This is just the outcome! Hope if you have made some handsome profit! Stay connected by following and message me if need any help!
At very good level and awesome risk to reward ratio...
Currently the stock is in a defined range. One can use these levels for trading purpose.
I can see upside but wait and watch
As bpcl in distribution zone, can be bearish and go down.
This is for Study and Educational Purpose and for my individual learning. BPCL was in down trend. The trend has now chaged Its been moving up for quite sometime and broken the downward trendlines.
BHARAT PETROL CORP NSE : BPCL Next Levels to WATCH OUT for Buy @ 348 Target @352 , 358 Short @ 335 Cover @327 , 321 , 312