BPCLBPCL 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
bpcl breakoutBpcl 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 - Retest at Neckine of HNS PatternWe 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.
BPCL - On the verge of breakoutRRG charts suggest improving of Oil n gas and PSE sectors
As BPCL falls in both, chances of breakout remain very high
Break n sustain above 335 will be crucial level to watch
Above tat stock as a direct stop at 370 - 400
GO LONG ON BPCLNSE:BPCL ,
This is short term trade .
The stock is at crucial level if its breaks the level of 335 it will show upside movement
The first target 355 and take a stop loss of 326
This is educational purpose.
BPCLNSE:BPCL
BPCL is showing some buying from the lower levels, can be buy above 315 for short term targets
GUJGASLTD ascending channelNSE:GUJGASLTD
#NSE:GUJGASLTD formed ascending channel, high chances to bounce from support.
Medium to long term.
Happy LEarning !!
BPCL - 27th June 2022Stock in Narrow Range for past 2 Days.
Sustained Directional move above 312 or below 300.
BPCL LOOKING A GOOD BUYBPCL Looking good buy in this range for upper marked targets until 290 is intact on the downside on a closing basis.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BPCLit has been in parallel channel since beginning, recent distribution has formed "M" pattern on higher time frame.
280 on monthly closing is a critical level. if this is broken then expect blood bath.
CONSOLIDATION IN BPCLConsolidation in 1 hr timeframe
resistance multiple time tested
Idea Invalid below 327
BPCL - Buy 318- 330BPCL
Crude oil rate increasing will benefit BPCL
Buy @ 318-330
Target - 350
SL - 315
BPCLBPCL looking good for swingtrade, if break 393 take position and ride it till 401/415/435/++++
SL 375
BPCL: Support & Resistance and Moving Average Trade PotentialBPCL
The stock has taken Support at previous reversal zone
Now seems to be respecting 50 day EMA
- 50 day EMA around 371
- 200 day EMA around 396
Breakout above 396
Target 440 odd levels
Stop Loss Close below 358
Risk :: Reward ratio looks favorable to go Long. This is a Positional view and not an intra day trade suggestion
Plan your trade accordingly...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
ONGC Resistance BONSE:ONGC
#NSE:ONGC resistance BO, Post confirmation may show good momentum.
Happy LEarning !!
HINDPETRO Double Bottom !!NSE:HINDPETRO
#HINDPETRO formed beautiful double bottom "W" pattern.
BO sustainability may show good momentum.
Happy LEarning !!
BPCL - Another Major move comingEntry Price - 383-386 Zone
Target - 438-463-525
Timeframe - Next Few days to one Month
Stop loss below 369
Disc. Not a trade recommendation NSE:BPCL
BPCL - A Breakout or A FakeoutBPCL has been trading in Descending channel for a few months. Today, the stock has closed above the resisting line of the channel, with a good amount of volume. Looks like it will reach 400 levels in the near term.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading
BPCL BULLISH BPCL is overall down trend, and the symmetrical triangle pattern is create it. the intraday level focus price is 368 above and short tern level focus price is 375
BPCL - Swing TradeBPCL
Buy-Above 355
Sl-330
T-380 405+
Stock has made a double bottom. neckline has been broken.
