Inverse Head and Shoulders Continuation: This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large...
Hi every one BPCL stock keep in radar for whole year use your technical skill to capitalise stock option future
Inverse Head and Shoulders Continuation: This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large...
So we have now triple confirmation which only comes from price action 1.It is the pullback in the downtrend and retesting the major trendline. 2.Price has created double top at the major trendline. 3.The wick rejection is perfectly at the 50% Fib retracement area. Please also have look at Nifty It is not advisable to trade against the Nifty Trend So we have...
Sell BPCL today if it breaks yesterdays low. It has broken traingle pattern on daily chart as well as hourly chart This is for education purpose only
BPCL has come out of a beautiful trendline support! Wait for a pullback and then enter with proper stoploss!