1) Double top pattern is there on minor resistance zone
2) Recently we has seen a triangle pattern breakout
3) Stock now trading at its short term trend line
this is going to show an awsm move ... as 1st cycle of wave has completed so it is moving for 3rd wave
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buy now hold it for 6-7 month
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thanks...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
#SUPPETRO
CMP: 459.25
Target: 577++
NSE:SUPPETRO
Can hold after the target!
Strongly bullish.
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Might blast to more than 577++
Super Bullish on this stock.
From Rachit Sethia with 💚
BPCL
Buy should only be above break of channel & 200 EMA with proper pullback (above 448)
Sell should be only if rejection is seen on the higher timeframe at trend line & 200 EMA (near 435)
2 weeks low - 401
50sma - 400
symmetrical traingle formation
keep this stock on radar -
tomorrow's close if breaks 401-400
can go short for next week
disclaimer - trade @ own risk
