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
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
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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.
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...!!!
Neutral on BPCLBPCL can move either side.
Chart analysis shows it has broken the support zone and should head down towards 360 levels
But privatisation and fall in crude oil price can push the price up.
Due to coronavirus, the market is mostly based on the news rather than technical.
Upside target of 503
Long on BPCLBPCL has broken the weekly trendline (white colored line) and also retested it on last friday.
BPCL has yet to break the green trendline , which would confirm the bullish flag pattern and shift BPCL's momentum towards bullish .
BPCL has used the orange line, which was previously a resistance, as a support and is ready to bounce up.
Target 500 with SL at 460
Running into a resistance/supply area.BPCL has been moving sideways to down since last few months. The levels of 480 - 485 will be acting as resistance. We can notice a gap as well. The RSI is trapped into sideways range. The 480 - 485 levels needs to be broken off to re establish trend up, failing which the stock may still correct further,