NSE:BPCL ITS bouncing back from the support Zone, can be GOOD if sustain above 424 MY TARGETS DRAWN ON THE CHART
Buy BPCL at 430+ Target Price :- 432, 433 SL :- 429 This is not a trading call only for education purpose... if am wrong then please let me know.... Thanks in Advance
NSE:BPCL Trade Setup for Date 28-09-2021: 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. 4) Avoid gap up...
BPCL : Good to go long above 423 Reversing from low levels. wait for closing above level.
Long BPCL above 421 TGT 423-425-427 SL 417. Trading in the box. Expected to move higher from the zone. Short time trade IDEAS for your educational purpose only.
BPCL broke out of its resistance zone of 480, pulled back to the support zone and has exhibited continuation from the breakout. Good time to enter Long for the next resistance zone of 550 as target.
NSE: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...
Broke a long time weekly time frame , it was trading in a symmetrical triangular pattern as well , finally a good breakout today , entry 498, stop loss 478, can expect first target at 530
NSE: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...
BPCL me ak achhh sa ( Double bottoms ) bana hua hai up jane ka jada umid hai
We 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 chart analysis for intraday and swing trading
BPCL is bouncing off from its 1.5 year long trend line. It has bounced off from this trend line every time since Mar'2020 fall, thus forming and re-forming the support. Also, Daily chart is exhibiting RSI divergence as well. We are bullish on this stock with 480 resistance zone as target.
BPCL 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...
NSE: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. ------------------------------------- Trade Setup for Date 27-08-2021: 1) Don't Jump...
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 looks strong from positional trade entry at cmp 469. range breakout with 4 bottoms at support zone.
Triple Bottom and then a Higher High and Higher Low confirmation in NSE:BPCL