BPCL
BPCL SWING LONGGO SWING LONG ON BPCL IF PRICE CLOSES ABOVE 398.3 ON 1H WITH VOLUMES FOR TARGET OF 434
BPCL -RIGHT TIME FOR LONG POSITIONBPCL
Showing "Triangle Pattern" Breakout and Retest successfully done in 'Daily' time frame , as shown in image. Can go for LONG Position for good targets.
This my view on above stock. Have our on Analysis before taking any further actions.
This for and only my view for educational purpose.
BPCL looks like it has succesfully retested the trendlineBPCL showed a great up-move after it broke out from the trendline. Then, it re-tested the same trendline and bounced back.
This is the stock to go long.
I had posted a very successful idea about BPCL. Please check the related idea section.
Please like and follow. NSE:BPCL
BPCL GO LONG WITH A SMALL STOPLOSS..!!chart looks good let's see does it follow or breaks the pattern ..!!
BPCLStock turning bullish.
Stock is trading near a resistance band.
Formed doji above 200ema.
CMP: 394
Target: 440, 465
BPCL ShortBPCL CMP 412.85
Resistance - 435, 545
Support - 370, 325 , 310
BPCL may give a news-based move tomorrow. Although stock already discounted earlier when Saudi Aramco declined to bid in the stock in its disinvestment, Govt closed the date for stake selling today and no major investor has shown any interest in bidding. We can again expect an immediate down-move tomorrow. 370 is a strong support level for the stock. A gap-down start is also expected. But stock has potential to show growth in long-term.
BPCL looks bullishBPCL forming symmetrical triangle pattern and the breakout happened upside. Buy it after retesting for a target of 1385+ in a time frame of 1-2 weeks
#BPCL- Classical ascending triangle#BPCL has given a breakout from ascending triangle. Now, it might move towards 384 and 392 levels.
Regards
BPCL SHORT TRADING IDEA FOR 4/10/20 Short BPCL on 4/10/20 use trail stoploss aim for maximum target #bpcl #bharatpetrolium
BPCL reitratingI am just going to reiterate that BPCL looks extremely strong and has broken a trend line where it has taken resistance multiple times. Watch out for this.
BUY BPCL in NEW Demand
Potential Demand formed and hence we have a 1:3 Buy Trade;
Option traders can Buy BPCL 380 CE for NOV Expiry with a TGT is Rs 11.39
"Make sure to Buy the Call only when the Price comes in the Demand drawn in the chart"
Happy Trading fellas
BPCL taking resistance at a trendlineBPCL has tested the same trend line multiple times but has not managed to change the trend yet. Watch the reversal. NSE:BPCL
BPCL trade idea for today 29/10/20#bpcl #intraday #trading #idea #for #today buy BPCL immediately when Breakout happen
BPCL Forms INVERTED HEAD AND SHOULDERS PATTERNAn inverted head and shoulders patter was identified on the 15 min chart of BPCL after the closing on Friday. The shoulders (Rs.354) )may act as a major resistance level for the same, and surpassing it may give us levels upto 360. On the contrary, the neckline (Rs. 349) may act as a major support level. If the price falls below this level we can witness a downward trend till Rs. 344.
