BPCL looks bearish as it falls below 399 support and goes back 5 days. BPCL made a big belt candle and started falling. According to past performance, if the trend is weak, the price will make a bunch of bearish candles. The swing dealer can wait for the T1 356 to break. But if the market breaks the level of 399 , there may be a bullish movement in the...
NSE:BPCL Stock -> BPCL TimeFrame -> Weekly Hello all! BPCL has been moving in a channel since Sep 2017. Its came back to its lower trendline, took support, bounced off and now has broken trendline 1 with good volumes. This makes for a good opportunity to go long! Risk-averse traders should wait for a strong closing above the nearest swing high (yellow box)....
BPCL --POSITIONAL --WEEKLY CHART 1.BPCL seen on chart breakdown from 480 level to 300 SUB level last few months , 2. Rounded Bottom chart pattern seen on chart , where bottom form around 290-300 level . 3. Weekly trendline seen breakout above 320 level 4. RSI seen pullback from oversold level on weekly RSI above WMA at present bullish. 5. Weekly RSI...
Bpcl formed head and shoulder in 4 hour time frame It gives 1:5 risk reward ratio If pattern breakout then take a swing trade or position trade 1:5 Do your own research Thanks
BPCL begins a new ride till 304 / 305 Analysis on 1 hour chart
After a bloodbath of a week, the markets are recovering and after a 15% fall, BPCl has taken support on its long term support with a high volume bullish candle Moving average does not say much. Stochastic RSI is also in the oversold region giving a long bias. T1 Is the short term target T2 is the Long term target Stop loss below the support level. Keep It Simple
NSE:BPCL This is swing trade The stock is at support zone and have taken support zone The first target is at 325 and second target is at 345 there is small resistances at 315 . This is for educational purpose .
BPCL ANALYSIS Time Frame Analysis: -------------------- Monthly: Downtrend Weekly: Downtrend Daily: Downtrend Pattern: -------- Monthly : Descending Pattern / M pattern Price & Volume relation: ------------------------ Volume is supporting on Daily, Weekly & but on Monthly not. Conclusion: We will take entry only when Support breaks or Viceversa, Good RR we can...
BPCL is in channel pattern. when it breaks channel we can see good rally in bpcl
Bpcl can look for 320 levels and 275++ levels only below 360 below closing on daily basis with sl of 400 on dcb Please support us by giving likes Disclaimer : only for educational and learning purpose
This looks like a nice short setup if the support is broken with good volumes. Let's see how it goes.
Stock Name: BPCL Chart Pattern: Ascending Triangle Time Frame: 1D Keep watch on BPCL. Probability of an up move. Consider buying only after your "own" analysis and study.
BPCL has beautifully respected its uptrend after taking support from a long term trendline and 50EMA during the pullback after successfully creating a head and shoulders as updated on my previous analysis of BPCL. All of this done on above average volume Traget at 346.75 which is the recent high Stop Loss: Below 50EMA Keep It Simple
BPCL is on Breakout for Long Trendline..... The Target is 375 for Breaking out in a Week. May be Goes up to 400. Also Check Retest. BPCL for Long Rally over 400 and reach the Share Real Price of 450.
Bpcl has given a breakout with strong candle and good volume entry with half qty and half if it retest otherwise enjoyy the rally with half qty. sl below engulf candle and target 1:2
Bpcl looking good on chart Long term trend line break and short term channel break
We can see more rally on BPCL due to retest & Retest Will work as Support. So, 330 Support Line, Target 1 - 350, Target 2 - 370. This is for Educational purpose, Trade on your Own Risk.