BPCL (NSE Cash)
Market cap is above 241.297b
Volumes are above 666.887k
Average volume is 2.28
Float is 77.522M
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...
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.
InvestPro India Team
Potential Demand formed and hence we have a 1:3 Buy Trade;
Option traders can Buy BPCL 380 CE for NOV Expiry with a TGT is Rs 11.39
"Make sure to Buy the Call only when the Price comes in the Demand drawn in the chart"
Happy Trading fellas