Follow me on trading view : in.tradingview.com This is a series where we discuss stocks recommended by you guys: Just comment on the fav stock you want analysis on or DM me ;) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows...
∘ Best Setup on Daily time frame Buy at Dip ∘ Trend line support ∘ Target - all time high
- Weekly analysis - Ascending triangle Pattern - Strong trend line multiple time support , wait for test again . - Target all time high
✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :) ✺✺ Target: 1000 Followers ✺✺ Chart Type: Falling wedge type consolidation going on in 1hr TF, A possible good trade can be initiated here with a risk of 3% and Reward TGT of 4% - 6&, Possible activation only on 1hr...
Hello Everyone, Few days back BPCL technical breakout on weekly charts was updated and this is follow up update, we have projected BPCL to move towards 540 & now BPCL reached till 485 slow and steady move in BPCL. Let's hope for the best that in few days it will reach to 540 levels. For Educational Purpose Only If you like the stock idea please hit like and also share.
A similar pattern is forming at tops which we saw in March and stock gave almost 20% fall from 480 zones. One can take the sell trade if stocks sustain below 465 for a marked target until 490 is intact on the upside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Triangle PATTERN formation on bpcl weekly chart Happy LEARNING
Stock is at resistance showing good chart patter (ascending triangle -> flat top) good upside movement can be seen --> hold for medium term of 6 months
BPCL CHART TIMEFRAME 1 WEEK TIMEFRAME WHAT I SEE IS THAT IT CREATES ASCENDING TRIANGLE WHICH MEANS UP SIDE BREAKOUT IS COMING SOON.
There are two buy prices in BPCL. If BPCL crosses 490 then can be bought from the given levels for the given targets. Buy-Above 490 SL - 465 Target- 530 565 600 630 And If BPCL comes to the range of 415-420 then also it can be bought from the given levels for the given target. Support Buy Buy - Between 415-420 SL - 395 Target- 440 460 480 Note:- I am not...
The market structure has been Bullish on a higher time frame. The price has been moving in the ascending triangle for a long time. In addition to this, the cup and handle can also be seen which makes it a high probability setup. The target of Ascending triangle and Cup & Handle are almost overlapping in the 620-630 zone. You are always advised to...
BPCL Daily chart Made in the Rounding Bottom. What You Think...
BPCL can be a long candidate for short term. PSU stocks can be good for swing trading. For educational purposes.
BPCL (NSE Cash) Market cap is above 241.297b Volumes are above 666.887k Average volume is 2.28 Float is 77.522M LTP: 423.05 Support: 413.55 Resistance: 434.60 / 441.85 Daily charts (long term) A bullish engulfing candle was made on 22nd April followed by a confirmation green candle on the 23rd. There is a reversal seen in the DEMA as well. 5 DEMA has crossed 100...
BPCL at a good point in terms of risk-reward. One can enter here with 400 as WCB stop loss. The target is near 470-480. If it clears that then can head to 520-530. Also, it has retraced till 50% and has formed a Bullish candle on weekly time-frame there.
We can see a Bullish Engulfing candle on the daily charts which is a strong buy signal. Whoever wants to go long can go long at current levels. LTP is 419.65
The stock has taken support at 200 MA and we may see higher levels until 200 MA is intact on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team