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
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...
It's good to add BPCL to watchlist Since it is in range for longtime. When Breakouts give a massive Return
BPCL has made head and shoulder (HNS) Pattern, Rest mentioned on chart
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
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times. Regards @MohitArora
🍂BPCL again😋🍂 🍁our second entry in BPCL First entry @380, trgt 480 done. 🍂🍂 buy@ 410-18 range trgt 480-550 long 700-800-1000+(long target based on growth) 🍂🍂 ✔expecting good upmovemnt in the stock ✔respecting symmetrical triangle & ascending triangle ✔trend reversed @ weekly support area
Short BPCL after the BD of TL marked below the level of 425 TGT 400-395 with strict SL of 435 with 1: 5 Risk to reward ratio. Stock is expected to BD the support level very soon. RSI is also going below the level of 40 sign of bearish. This is for your educational purpose
Levels Mentioned on charts
Break of psycological level, previous resistance rejection. target 380 and below
I shared the buy idea on breakout a few days back which did well and now stock showing some weakness in the daily time frame. Sell only if sustains below 411 for the targets of 406, 402, and 396 until 416 is saved on the upside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team