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...
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
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
BPCL 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
Consolidation in 1 hr timeframe resistance multiple time tested Idea Invalid below 327
Hello friends, Here is Big Breakout in BPCL Near 375 we can Buy near 375 to 380 with stop loss of 348 closing basis for the Target of 405 and 450 in near term. Happy Trading.
Buy BPCL Closing Price - 461.35 SL - 437 (WCB) Target - 550++++
BPCL Buy-Above 355 Sl-330 T-380 405+ Stock has made a double bottom. neckline has been broken.
BPCL is forming a "W" path. If the price of the stock convincingly breaks the resistance level of 351 and sustains go long Support ;- 331-333 Resistance:- 362, 373. Candlestick pattern should be checked near the levels on smaller time frame for intraday.
It would be interesting to watch to say its move. It can go go up of down we should play according to it's SnR zone