BPCLAfter one bear trap price came up to this much. And I heading this up to next resistance as a swing trade...
BPCL
Buy BPCL on dipBPCL should hit the bottom trendline. This meet should happen when the price touches 200 dma.
After that it moves about 15-20% upwards to 500.
Let's see how this goes.
Do your own DD.
A little more time from nowEnter if it closes above 560
SL 490
Target: will update according to trend.
Note: Trade at your own risk.
BPCLBPCL has given a good breakout.
Buy- CMP
Target- 464.40, 474.90, 484.35, 492.95, 502.90.
SL- 429 (trail SL to CTC after achieving the second target).
(TARGET CAN COME BEFORE DIWALI OR TILL DIWALI)
IOC - Swing TradeIOC is a buy around 101 with Stoploss of 98 with a 15-20% upside in next two months. Target is around 118 - 120
BPCL AnalysisGood Breakout today after the big gap down and also recovered quickly, can expect a good upside momentum in the upcoming days
*Broke the resistance of 444 and once it becomes the support level. shareholders can see some green in their portfolio.
not much to worry for Medium and long term investors
*swing traders, short term traders need to trail Stop loss for some days.
NIFTY ENERGY SECTOR Headed for a great upmove.NIFTY ENERGY SECTOR is forming and inverted head and shoulder pattern. The sector has broken out on weekly TF. The stocks in this space can move great over the next few weeks.
Your SL in this sector would breaking of right shoulder low.
Look for stocks like Tata Power, Adani Power, GAIL, BPCL expect a good run up in these stocks.
ONGC as per chart it looks too good for grab
add in small qty, energy sector looks too much promising in last few days.
SL 115 for short term and 110 for medium term investors looks good.
BPCL - Looks good. Crossing 450 decisively will push higherBpcl - looks good to accumulate. Crossing 450 decisively could push this higher upto 480.
best intraday stock for tomorrowmy first pic is bpclf you are looking for a PSU vacancy? you can find the requisite information about the latest jobs and current openings at BPCL website.
Bpcl trying to fill the GapBpcl is making a cup handle pattern a sign to fill its gap of 12% DIVIDEND Buy Cmp Target @443😊
BPCL Ready to Fill the GAP - BPCL Ready to Fill the GAP -
Its making a Cup and Handle formation, it would then fill the GAP.
TRACK BPCL NSE:BPCL
ITS bouncing back from the support Zone, can be GOOD if sustain above 424
MY TARGETS DRAWN ON THE CHART
BPCL Intraday Strategy Buy BPCL at 430+
Target Price :- 432, 433
SL :- 429
This is not a trading call
only for education purpose...
if am wrong then please let me know....
Thanks in Advance
Simple Trade Setup | BPCL | 28-09-2021 [INTRADAY]NSE:BPCL
Trade Setup for Date 28-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
5) If you are in short trade then be quick in profit taking.
My personal view is bullish if it sustain above 422 level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
BPCL ready for uptrendFORMING "W" pattern :
when entry position with target of 2-2.5 % Swing trade /btst
Btst 2-2.5 % is good as the share will not get into your for 2 days you dont have to get charged for DP charges best part the charges will be like intraday
Could wait for more days for better return but currently doing swing BTST only per week only 2 -3 trades with 2-2.5 % target safer and also getting
20-25 % return/month . Target for this year to continue to do like this for making 240 % .
BPCL : Good to go long above 423BPCL : Good to go long above 423
Reversing from low levels. wait for closing above level.
BPCL, good 60 min Supply zones zone aove zone, IntradayBPCL is in a good Downtrend and there is no quality Demand on high time frame to hold or give a reversal
1 hour good Supply zones.
Both can be traded or trade only the Top Supply zone which is coinsiding with Daily Supply also is coinsiding 240 min Supply zone
Since planning for Intraday , Target should be 1:2 RR
Happy Trading.
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even after a thorough research and Analysis a setup can fail due to any opposing News on the stock or on its Index or due to Market Volatility.
Hence ,if you trade on this setup kindly Take Position(Quantity) as per your Risk Management.
BPCL TRADE SETUP FOR TOMORROWBPCL share has given breakout on today once it closed above 496.
.
So, Now the tomorrow we can see the good upward momentum on tomorrow.
.
We can make a entry at 499 with the stop 3 or 4 and Our target would be 510.
.
Risk Reward Ratio is around 1:2.
.
What do you think comment below in the box.
BPCL Breakout Pullback ContinuationBPCL broke out of its resistance zone of 480, pulled back to the support zone and has exhibited continuation from the breakout. Good time to enter Long for the next resistance zone of 550 as target.
Simple Trade Setup | BPCL | 14-09-2021NSE:BPCL
Trade Setup for Date 14-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
