Key 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.
Key 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.
Key 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.
Forming inverse head and shoulder. Buy above 320. Next resistance 329.2.
short target for BPCL in upcoming days is 208.10, cmp 344.30
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...!!!
Target of 395, roughly 25% Do your own analysis before taking any decision Comment if you have any doubt or any suggestion for improvement in the idea
BPCL 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
BPCL 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
BPCL has already broken its long term trendline for a long move. A breakout from the other trendline will confirm the uptrend for a target of 473 with a stop loss of 461(Risk to reward of 1.5).
BPCL : GO LONG TARGET 481/496 ##Simple Price action strategy##
BPCL is near to Support area 472-475 is that but lets see wait for confirmation Trend line also showing same but let's see volume and price where it open and if sustain above 585 then may see target 500+