Follow Chart Instruction. Safe Traders can wait for Daily Reversal Candle for confirmation.
BPCL-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 Today Best Performance if buy volume continuously maintain may be achieved 395 today.
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**
BPCL my view, bearish as levels shown. CrudeOil going up.
BPCL my view bearish as levels shown, but CrudeOil going down, so little risky.
Support 336 and Resistance 367 BPCL Support and Resistance
Buy BPCL 361 Stoploss below 344 Target 398 422
As per wave count, 5th wave to finish near 331.55 to 327.70 levels.
BPCL is forming inverted H&S pattern. Be ready to buy at breakout
Sell BPCL @352-352.50 stop 355 target: hold till close of session today
BPCL is back to retest it's trendline breakout levels. There is cloud support at 345Levels along with new bottom trendline support. Hence 345-355 looks like an excellent buying zone. One can go long in BPCL @ 345-355 levels with stop of 330 and target of 380-400++. (Safe traders can keep a tight stop of 340 and can book partial profits @ 370 levels.)