BPCL CHART TIMEFRAME 1 WEEK TIMEFRAME WHAT I SEE IS THAT IT CREATES ASCENDING TRIANGLE WHICH MEANS UP SIDE BREAKOUT IS COMING SOON.
🔰 Hello my friends, here is the story I see behind this stock: ⭐Fibo: Might come on 0.3 or 0.5 seems good to buy here :) ⭐Pattern: Ascending triangle ⭐Volumes: HUGE on the D chart ⭐Possible trade activation on green zones + fibo retracement and hold if broken the ascending triangle neckline ⭐Trade will be activated on 1D if it makes a green bar on those lvls...
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...
LONG AT OPEN RATE / CMP TARGET - 466 - 469 - 472 STOP LOSS - 453 Note: I am just trader like you, not god or any registered stock advisor. So I request before taking any position according to my view discuss with your financial planner or take on own responsibility. Thanks
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
Buy Bpcl At Cmp 449.85 & On Dips To 430-435 Strict SL - 417 (DCB) Target - 481/500/525+++
Waiting for neckline break....
BPCL has given a breakout with good volumes.
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
Again BPCL at the verge of BO on daily. Buy above 445 Target 472 with SL 434. This is for your educational purpose only.