Bpcl short sideHello guys i had find this selling setup in 4h timeframe which is at upper channel resistance and also broken structure we have a good opportunity to do swing trade here with above swing sl and below channel tg also plzz guys do your oen analysis before taking any trade if you like my analysis plzz like share and follow thank you
Niftyenergy
Pullback completed in Nifty Energy Index.* Pullback completed in Nifty Energy Index.
*Inverted H & S pattern Breakout.
*Track this stocks from CNX ENERGY INDEX
Bharat Petroleum Corporation Ltd.
GAIL (India) Ltd.
Hindustan Petroleum Corporation Ltd.
Indian Oil Corporation Ltd.
NTPC Ltd.
Oil & Natural Gas Corporation Ltd.
Power Grid Corporation of India Ltd.
Reliance Industries Ltd.
Tata Power Co. Ltd.
Thanks for reading and kindly let us know if you have any questions!
Reliance Industries Stuck Below ResistanceMonthly Charts force us to take a step back and give us no choice but to identify the direction of the primary trends. We use these charts to put shorter-term trends into context and this exercise is particularly useful when the market is experiencing heightened volatility. Reliance Industries closed April near the highs of the month and is only 10% off its all-time highs. Right now it's stuck in a sideways trend, but if prices see follow-through above 1,450 then its uptrend is likely to continue with a target near 2,200. Given the current market environment that may take some time, but given the relative strength in the stock, we expect an eventual upside resolution.
BPCL KEY LEVELS SUPPORT AND RESISTANCE 20/04/2020Key Levels for BPCL:
UPPER BREAKOUT~366.65
FIRST TARGET~373.90
INTERIM RESISTANCE~382.45
FINAL RESISTANCE~391.70
LOWER BREAKOUT~354.75
FIRST TARGET~347.50
INTERIM SUPPORT~339.55
FINAL SUPPORT~332.95
Please trade with caution and consult your financial adviser before trading.
BPCL KEY LEVELS SUPPORT AND RESISTANCE 17/04/2020Key Levels for BPCL :
UPPER BREAKOUT~362.65
FIRST TARGET~373.20
INTERIM RESISTANCE~389.05
FINAL RESISTANCE~400.95
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LOWER BREAKOUT~348.15
FIRST TARGET~340.25
INTERIM SUPPORT~330.35
FINAL SUPPORT~320.65
Please trade with caution and consult your financial adviser before trading.
BPCL KEY LEVELS SUPPORT AND RESISTANCE 15/04/2020Key Levels for BPCL :
Upper Breakout~349.70
First Target~357.15
Interim Resistance~361.55
Final Resistance~371.35
**Lower Levels**
Lower Breakout~339.85
First Target~334.90
Interim Support~329.30
Final Support~322.50
Please trade with caution and consult your financial adviser before trading.
BPCL KEY LEVELS SUPPORT AND RESISTANCE 09/04/2020Key Levels for BPCL are :
Upper Breakout~345.80
First Target~350.70
Interim Resistance~355.60
Final Resistance~360.05
**Lower Levels**
Lower Breakout~338.65
First Target~335.10
Interim Support~331.05
Final Support~325.70
Please trade with caution and consult your financial adviser before trading.