BPCL has shown a good moment today after a long period of fall. It is consolidating in one zone after a good up-move with volume. If it breaks the high a good RR opportunity can be captured.
Consolidation done - Looking Strong as Lower low and higher high. For time frame and trade education join.
** Trade Plan ** --------------- Setup :> Here there is a Support & Resistance Zones . So be an Intraday Trader in the stock. Entry :> Should be done on the Closest or on the Support Zone. Price Range in the chart above. Exit/ Target :> Possibly the nearest Resistance shown in the...
good stock at great discount, at this level people can accumulate at every dip
BPCL Important levels for long term investment Level 2 = 343 Level 1 = 265
We can see a fast-selling if BPCL breaks the support level of 412 on the downside and expect lower targets marked on the chart. NOTE - Wait for confirmation as it can also take a support and move higher. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Hello, Hope y'all are fine. This the chart of BPCL in daily timeframe. We have a Head & Shoulder forming here.So you can expect a downside target upto 385 and 365 Breaking the neckline will be the entry.
Weekly Support and towards Ascending Triangle Breakout. Details on Chart. Note: This is for educational purpose only.
BPCL is rising from its support and MACD signals to go long at CMP of 428 T1: 470
NSE:BPCL has been cracking for sometime and weakness is still there. It can show 420 levels soon.
NSE:BPCL took support around 430 levels. It seems to be respecting the levels. This could be demand zone.
NSE:BPCL Observations: 1) On daily time, it has been taking support from 200DMA and facing resistance from 50DMA. Breakout of 50DMA will give quick up move. 50DMA is placed @ 455.19 level and 200DMA is placed @ 442.63 level. Please refer below chart : 1day Time Frame. 2) On Daily time frame, we can see support range of 450-453 is now working as...
BPCL had an event today, where the dividend was issued. The dividend was 58 per share. However, the stock price fell so much as 10% in a single day, and that too in pre-market minutes. There will be a long unwinding as a consequence. If the price manages to stay below 445, it could come down to the demand zone which is also a PRZ of XABCD bearish shark...
Lokk for these important levels in BPCL. Soon will reach level 500 in short term.
After one bear trap price came up to this much. And I heading this up to next resistance as a swing trade...
BPCL 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.
Enter if it closes above 560 SL 490 Target: will update according to trend. Note: Trade at your own risk.
BPCL 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)