Short BPCL on 4/10/20 use trail stoploss aim for maximum target #bpcl #bharatpetrolium
Note: This is for educational purpose only. There is a bearish breakout in descending triangle with ultra high volume.
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...
Sell below 394 Target 357 Above 404 price bearish
BPCl had broken the upward sloping trendline & if it breaks below support of 307.25, we can expect target of 292 & lower in comming days. BPCL: Sell below 307.25 for a target of 292 & Sl of 324
SHORT NSE:BPCL below 310 SL 320 TARGETS 305/295 More details in chart
If the market doesn't show much strength, this can be a good short.
Short BPCL with a target of 452 if it breaks below 462
NSE:BPCL short at 402.20 with SL at 405.05 and TP 396.50 Note: Consult your registered adviser before taking any decision. Always risk 1% of account size per trade, adjust the position size accordingly.
PAIR TRADE IN IOC-VS-BPCL BUY IOC FUT @125.5 QTY:1 LOT BUY IOC CASH @126.45 QTY:1115 SHORT BPCL FUT @345 LOT:1 WAIT FOR EXIT SIGNAL
NSE:BPCL possible shorting opportunity at 358.85 with SL at 360.25 Two targets 356.10 (2:1) & 354.70 (3:1) Please Consult Your Financial Advisor Before Taking Any Decision Note: Always risk 1% of the account per trade and adjust position size according to 1% risk.
BPCL breaks down after a period of consolidation. Apparently, price action is showing a Bear Flag pattern, which will be confirmed if the running candle closes below 376.40. Target of the pattern comes in at 334 levels.