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
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...
Triple Bottom and then a Higher High and Higher Low confirmation in NSE:BPCL
Note: This is for educational purpose only. Please do not trade in F&O based on this. There seems to be a bullish hammer at support of ascending triangle. Moreover, RSI is above 50 which indicates mildly bullish. Buy above high of the current candle. SL: ₹ 419
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
It's good to add BPCL to watchlist Since it is in range for longtime. When Breakouts give a massive Return
Near Triangle Breakout Buy Bpcl Only Above 481 (DCB) Strict SL - 453.9 Target - 550
Sharp fall has been seen in BPCL since last 1 Month. The trendline has been taken out indicating that the correction has been over. According to our Half Bat BPCL will reverse from 400-445. And the Green Trendline is the major support for BPCL. Buy- Between 440-445 SL - 430 Target - 465 480 500++
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...
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...
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
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.