Buy Bpcl At Cmp 449.85 & On Dips To 430-435 Strict SL - 417 (DCB) Target - 481/500/525+++
Bpcl looks good on the chart the traingle pattern is since 4 feb 2020 and the target is around 511. But it is for positional
bpcl swing trade tgt 1 and tgt2 possible if cross tgt 1 and close
BPCL took support at the long-term trendline. I am going long for a swing trade with an initial target of 420.
Note: This is for educational purpose only. There seems to be an inverted bullish hammer at support of ascending triangle. RSI seems to bouncing from support line.
If stock sustains above the pink line, we may see the targets of 414, 426 and 436. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
BPCL Can give good upside move towards upper SUPPLY ZONE in coming days. View Negates below 355 level. Must have this in watchlist for coming days.
BPCL is now within its strong supply zone! It tried to break out a few days back but quickly retraced. Now if it is able to cross the psychological level of 400+ with volumes then the target is 464. Cheers!!
GO SWING LONG ON BPCL IF PRICE CLOSES ABOVE 398.3 ON 1H WITH VOLUMES FOR TARGET OF 434
Potential Demand formed and hence we have a 1:3 Buy Trade; Option traders can Buy BPCL 380 CE for NOV Expiry with a TGT is Rs 11.39 "Make sure to Buy the Call only when the Price comes in the Demand drawn in the chart" Happy Trading fellas
Note: This is for educational purpose only. There is a bearish breakout in descending triangle with ultra high volume.
I think it is the right to buy this stock. SL will be 395. Target is around 440 and 480-485.
I hope you can now see how BPCL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...