BPCL (Bharat Petrol Corp) - Parallel channel formation at monthly TF Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
BPCL CMP 380.50 - since June 2020, we observe, BPCL consolidating in channel and then giving a spike up or down - channel zone is nearing breakout time zone - momentum might be seen above 389 - multiple support between 355-368 - at CMP & on dips the stock provides good risk::reward ratio to go Long for targets of 408 / 440 / 473 - Stop loss if trades below...
#BPCL Bharat Petroleum Corporation Limited. CMP: 399 TARGET: 436 // 478 G-O-I undertaken stock is in limelight, BPCL. As the state run petroleum company plans for divestment, there is going to be a lot of opportunities for retail investors and traders. Govt. plans to sell off almost 53% stake from the company and it receives MULTIPLE bids. Stock is expected to...
An INVERSE HEAD & SHOULDERS PATTERN is a clear cut indication of a breakout. A BIG BREAKOUT........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and...
BPCL is available at fantastic levels and the divestment play out for the stock will see minimum levels of at atleast 450-460 if not higher. Accumulate at these levels. Immediate target at 408-409. Go long. Like and follow. NSE:BPCL
NSE:BPCL BPCL is at demand zone, once it breaks out of resistance trend line it has a scope to reach higher levels 460/500 plus as predicted in chart.
The stock is making a long term triangle pattern in daily chart. 2 false breaks are present in this formation. Potential break up. Strong above 440 at closing basis
Hi Folks, BPCL daily chart has two patterns inside a big pattern. Inside big parallel channel, there is a smaller parallel channel near breakout point. And also, there is a Cup and handle pattern not the clean one, but it is there. Looks good for long Enter only if it breaks 405 or 415 level Strict stop loss of 371 I hope you will benefit from this...