BPCL is a good buy above 428 with target of 470 / 540 and SL at 350
For study.. Trading inside Wedge pattern, put it in your watchlist better to enter when it breaks the pattern, Like, Comment & Follow.. For more chart analysis.
Piercing Pattern found in BPCL. Target whatever level you are comfortable with. Stoploss - lowest low of the two candles
BPCL took support at the long-term trendline. I am going long for a swing trade with an initial target of 420.
Note: This is for educational purpose only. There seems to be an inverted bullish hammer at support of ascending triangle. RSI seems to bouncing from support line.
Break of psycological level, previous resistance rejection. target 380 and below
Above 410 Target 439-470 Weak below 355 above all important moving average Volume contraction from past few days
If BPCL opens near 406, intraday 411, 414 levels possible. This is just my observation & not a trade recommendation. Pl do your own research before entering.
I shared the buy idea on breakout a few days back which did well and now stock showing some weakness in the daily time frame. Sell only if sustains below 411 for the targets of 406, 402, and 396 until 416 is saved on the upside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
BPCL taking support near round level 400 and testing previous triangle breakout level.
Buy BPCL for short term gain if it crosses 435 level.
BPCL was in a very clear uptrend from 22nd December... after that yesterday it formed a green candle with small wicks, today it opened gap up but could not retain the price and closed deep into yesterday's body. The encircled pattern is called Dark Cloud Cover. As the name suggests, a downtrend is expected after the appearance of this pattern. You can keep a...
BPCL is trading inside a symmetrical triangle and waiting for a move in either direction. Have tested the upper resistance line quite a few times, till now there is neither a breakout nor a breakdown, lets see how it pans out.
BPCL weekly chart updated for Educational Purpose by ssveducation. Strong Breakout on Weekly Charts. Expected Levels 560-570 in short to medium term.
Go ling when it breaks 424 and sustain above it Volumes are good Targets are mentioned on the cart Maintain the SL of 400