LongBPCL
Long
BPCL vigorous stock for invest in......!!!!For long traders it is advisable that maintain stop-loss 311 nearby and trade. The stock is showing that it will move in a up direction.
----30 min chart----
For short term traders it's a big question is it a break, or price will fall down?
Answer is if price cross 323.5 level it will be conform that the stock is going for up-trend after breaking the down trend and make a new channel.
BPCL going to 304 levels if twomorrow is not a gap upBPCL is going to 304 levels if twomorrow is not a gap up opening
keep your eyes on support if it breaks price decline will be fast use VWAP on 5 min time frame to make your call
technicals are also weak
short sell in my opnion for target 304
please tell me if you find any error and suggest me stocks that i should analyse
Short
BPCL NSE:BPCL
COULD THIS BE A DISTRIBUTIION ....WILL WE SEE A DOWN FALL FROM HERE ....OR WILL THIS GO UP
BPCL NSE:BPCL
I SEE A INSIDE BAR HERE ON DAILY CHART ONCE IT STARTED TO FALL FROM REJECTION ZONE WILL THE FALL CONTINUE LETS WATCH
Short
Education
Long
Education
Short
Short
Short
BPCL NSE:BPCL
STRONG RESISTENCE IS @ 370
AND SUPPORT @ 340
IF THE PRICE MOVES UP AND CROSS 370 THEN WE CA GO FOR LONG UNTIL THEN IT WILL BE SIDE WAYS AND AS THE OIL PRICE ARE DECREASING WE CAN SEE IT INCREASING FOR LOWER SIDE IT HAS CROSS BELOW 340
BPCL: At resistanceBPCL
In our previous coverage on BPCL when the price was at 272 we had given a view that chart set up suggests upside movement towards 306 / 332
At current levels the stock has resistance at 366 / 385 odd levels
One may consider selling BPCL 380 Call option
between 10-12
The strategy has in built protection against loss for a rise up to 390-392 in Cash market price
Take care & safe trading...!!!
Short
Long
BPCL KEY LEVELS SUPPORT AND RESISTANCE 20/04/2020Key Levels for BPCL:
UPPER BREAKOUT~366.65
FIRST TARGET~373.90
INTERIM RESISTANCE~382.45
FINAL RESISTANCE~391.70
LOWER BREAKOUT~354.75
FIRST TARGET~347.50
INTERIM SUPPORT~339.55
FINAL SUPPORT~332.95
Please trade with caution and consult your financial adviser before trading.
BPCL KEY LEVELS SUPPORT AND RESISTANCE 17/04/2020Key Levels for BPCL :
UPPER BREAKOUT~362.65
FIRST TARGET~373.20
INTERIM RESISTANCE~389.05
FINAL RESISTANCE~400.95
*****************************
LOWER BREAKOUT~348.15
FIRST TARGET~340.25
INTERIM SUPPORT~330.35
FINAL SUPPORT~320.65
Please trade with caution and consult your financial adviser before trading.
BPCL KEY LEVELS SUPPORT AND RESISTANCE 15/04/2020Key Levels for BPCL :
Upper Breakout~349.70
First Target~357.15
Interim Resistance~361.55
Final Resistance~371.35
**Lower Levels**
Lower Breakout~339.85
First Target~334.90
Interim Support~329.30
Final Support~322.50
Please trade with caution and consult your financial adviser before trading.
BPCL KEY LEVELS SUPPORT AND RESISTANCE 09/04/2020Key Levels for BPCL are :
Upper Breakout~345.80
First Target~350.70
Interim Resistance~355.60
Final Resistance~360.05
**Lower Levels**
Lower Breakout~338.65
First Target~335.10
Interim Support~331.05
Final Support~325.70
Please trade with caution and consult your financial adviser before trading.
Long
short target for BPCL in upcoming days is 208.10short target for BPCL in upcoming days is 208.10, cmp 344.30
Short
BPCL: Will it bounce or fall further...???BPCL
CMP 272
The stock needs to protect 262 -252 zone on closing basis for target of 306 / 332
Alternatively if the stock is unable to hold above 262 it may be a signal of further weakness and potential target on the down side comes around 236 / 206 / 196
Important levels have been identified
Plan your trade accordingly...!!!
