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
Buy Bpcl At Cmp 449.85 & On Dips To 430-435 Strict SL - 417 (DCB) Target - 481/500/525+++
bpcl swing trade tgt 1 and tgt2 possible if cross tgt 1 and close
In the daily chart, we can clearly see that BPCL is taking support from the bottom of the parallel channel. Take long positions for the longer targets.
Piercing Pattern found in BPCL. Target whatever level you are comfortable with. Stoploss - lowest low of the two candles
BPCL took support at the long-term trendline. I am going long for a swing trade with an initial target of 420.
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.
BPCL weekly chart updated for Educational Purpose by ssveducation. Strong Breakout on Weekly Charts. Expected Levels 560-570 in short to medium term.
If stock sustains above the pink line, we may see the targets of 414, 426 and 436. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Short BPCL on 4/10/20 use trail stoploss aim for maximum target #bpcl #bharatpetrolium
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
BPCL has tested the same trend line multiple times but has not managed to change the trend yet. Watch the reversal. NSE:BPCL
Symmetrical Triangle + Good Earnings + RSI trendline break suggests a buying opportunity.
Note: This is for educational purpose only. There is a bearish breakout in descending triangle with ultra high volume.