BPCL : Good to go long above 423BPCL : Good to go long above 423
Reversing from low levels. wait for closing above level.
Bpclanalysis
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.
Simple Trade Setup |BPCL | 13-09-2021NSE:BPCL
Observations:
1) On Weekly Time frame, It game rounding bottom breakout and then in last week it made hanging man candle.
This Hanging man candle will be a sign of bearish move if the stock fails to trade above and close above the high of this hanging man pattern.
From the chart we can see that for next bullish move it has to break and trade above 496 level otherwise there will be down move in coming days as a part of profit booking.
Please refer below chart : Weekly time frame.
2)On 15 Time Frame: It has been trading between 485.50 to 492.50 since last few days.
Please refer below chart : 15min time frame.
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Trade Setup for Date 13-09-2021:
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.
BPCL pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on BPCL 15m
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and educational post
I shall not be responsible for your profits and losses
BPCL | BUY ABOVE 500We can see free buying coming in this stock once sustains above 500 and we can see 535 and upper targets in near future.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BPCL PRICE ACTION ANALYSIS. PRICE TARGETSBPCL is trying to break the resistance at 481, which has not been sustained since last year. If BPCL manages to stay above 481, then we can see momentum to the upside.
Go long above 481 and place a stop loss below 440. This is a monthly timeframe analysis, so we can provide some time for the price to adjust in case of a fall. Add more quantity when the price comes to test the trendline on the chart.
The targets are given by the XABCD bearish butterfly pattern. This is a very good risk-reward trade setup.
Happy trading :)
This is just for educational purposes.
BPCL Swing IdeaWe can expect 490 & more..in coming days
It has broken out of the supply zone and has also retested the zone.
Hence, we can expect more in this..on long side.
BPCL intraday setup 15m charthello traders
this is just a idea
i am not a financial advisor
thank you
Simple Trade Setup | BPCL | 27-08-2021NSE:BPCL
Observations:
1) On Daily Time frame Yesterday it broke 50DMA and today it took support from 50DMA.
Please refer chart below : daily time frame.
2) On Daily Time frame: Also it breakout the range today.
Please refer chart below : daily time frame.
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Trade Setup for Date 27-08-2021:
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 tommorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
BHARAT PETROL CORP
Target:- 538
Stoploss:- 457
Stock already take support on the support line and showing upside interest with green bullish candle. So we can take long position on it.
BPCL Intraday trade plan for 23 AugustBPCL
Reversed from a strong supply zone, hence probability of a down move is more.
Recent breakDOWN on 30mins and follow through after a last kiss increase the probability of a down move.
Trde plan for Monday (23 Aug 2021) can be --
Sell around 454/455
With SL at 461
Targets
T1 - 448
T2 - 442
BPCL - SWING IdeaBPCL has an opportunity for swing entry with a potential of up to 495-500 level target. I am not interested in this setup because the RR is just about 1:1. Posting just for educational purposes. Rather I would trade after a breakout.
BPCL - Bullish Hammer at SupportNote: This is for educational purpose only. Please do not trade in F&O based on this.
There seems to be a bullish hammer at support of ascending triangle. Moreover, RSI is above 50 which indicates mildly bullish.
Buy above high of the current candle.
SL: ₹ 419
BPCL - Expecting a good up move🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
Add BPCL to WatchlistIt's good to add BPCL to watchlist Since it is in range for longtime. When Breakouts give a massive Return
BPCL INTRADAY 15 MINStock showing short term consolidation and RISING Adx. Might give a good move on any side.
Also, stock is closed below 50 MA on daily time frame and now 50 MA is acting as resistance.
BPCL DAILY TIME FRAMEBPCL ON DAILY TIME FRAME WAS TRADING IN A CHANNEL WHICH GAVE BREAK OUT. BUT IT TOOK RESISTANCE FROM 50MA ON DAILY TIME FRAME.
BPCL Near Triangle BreakoutNear Triangle Breakout
Buy Bpcl Only Above 481 (DCB)
Strict SL - 453.9
Target - 550
Its a Ascending Triangle. Hi everyone its a ascending triangle and its is a one of best chart pattern .
: before trading please control your emotion , and work harder and never give up .
: And have a good trade .
