BPCL
BPCL IS BULLISHIT FOLLOWS A DESCENDING CHANNEL FOR MANY WAVES.SO ALREADY IT IS NEAR TO R1 POSITION IF IT BREAKS R1 IT MAY GO UPTO RS360WHICH IS AT THE TOP OF THE CHANNEL.
bpcl buy short to medium term investmnet stop loss 327
wait for some more down side ( if it gets there ),
buy near 335- 340 range.
look for 375 ,384, 407, 414.
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
BPCL | Rising WedgeRising Wedge pattern observed in BPCL. Pattern looks to have confirmed suggesting a bearish outlook. Target depth of wedge is around 128 points. With confirmation of pattern occurring at 364, Target of the pattern comes in at 236.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
BPCL | Bear FlagBPCL breaks down after a period of consolidation. Apparently, price action is showing a Bear Flag pattern, which will be confirmed if the running candle closes below 376.40. Target of the pattern comes in at 334 levels.
BPCL ShortFollow Chart Instruction.
Safe Traders can wait for Daily Reversal Candle for confirmation.
BPCL-Crucial Resistance levelBPCL-Crucial Resistance level. Have a look at the chart. Buy if it penetrates resistance otherwise shorting can be done if bearish candle forms here :)
BPCL Up Trend | Trade NiveshBPCL Today Best Performance if buy volume continuously maintain may be achieved 395 today.
BULLISH REVERSAL PATTERN IN BPCL ..... WATCH OUT FOR THE BULLS!!NSE:BPCL Stock was one of the top gainers in pre-market.
The Price on daily chart has formed morning star candlestick pattern which is a bullish reversal candle and it has also formed a falling wedge pattern which is a bullish reversal pattern. we can expect spikes in buying volume in the the share price of BPCL.
**for study purpose only**
