Introduction: Bharat Petroleum Corp. Ltd. is a holding company, which engages in the business of refining of crude oil and marketing of petroleum products. It operates through the Downstream Petroleum and Exploration and Production (E&P) segment. The Downstream Petroleum segment includes the refining and marketing of petroleum products....
Breakout in BPCL @398.00 Weekly Chart basis. :: Data Point :: Breakout Level: @398.00 1st Target: @420.00 2nd Target: @470.00 Stoploss Level: @372.00 Note: BPCL traded above 200 EMA as well as Good Volume showing its Breakout poteintiality.
Stock is looking good above 390 above and volume is also good on weekly TF, follow chart for proper support and resistance levels.
BPCL can look for 318-320 dip levels for tp of 340-342 risk 1.90% and reward 7% just watch for the levels in coming days dc : only for educational purpose
Buy BPCL above between 558 to 365 SL 338 T1 - 387 (1:1) T2 - 409 (1:2) Index OIL n Gas Index will try to make higher high so Index will be bullish. BPCL forming bullish head and shoulder pattern on weekly time frame. BPCL formed W pattern breakout with volume Took support from bottom trend line
Looking good for shorting opportunities, expecting it to give a nice confirmation, wait for 30 mins candle close . Please follow me for more such trades.
BPCL Breakout happened in a lower time frame i.e on 15 minutes. So the next Target expected for BPCL is 297/285. IN my previous calls, I explained about the movement of the BPCL, ADANIET and JSWSTEEL. Check my prev calls. Explained about SL and the Target in the video posted in TradingView Tradingview ( TanujaK) is my profile. NOTE: Published Ideas are for...
#BPCL @BPCL BPCL 10% movement downward ; Breakdown happened on lower timeframe, so expected target is 295 Almost 10% profit NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
Looks like the trend is over The stock may go for a correction now Risk to reward looks better Trend may take a pause at 336/328 areas which can be considered as short term target
Buy BPCL for the marked targets of the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Inverse Head and Shoulders Continuation: This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large...
BPCL on the daily time frame has given a break out of a cup and handle pattern. The stock has taking a halt near the resistance zone and gave a break out after a selling off from the level. 3 points confirmation. 1. Break out of the cup and handle pattern. 2. Closed above both the moving averages. 3. High trading volume on the break out. The stock has finally...
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 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 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
On a daily chart, BPCL forms W pattern. Good to go long after the BO of the resistance zone. Buy@ 330 on the day closing candle for the target price of 350-360 with SL 318-320. The stock also crosses the 50 EMA level. This is for your education purpose only.
RRG 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