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Niftymovers Niftymovers BPCL, D, Long ,
BPCL: BPCL @ 61.8% of Fibonacci support. Waiting for green candle
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BPCL, D Long
BPCL @ 61.8% of Fibonacci support. Waiting for green candle

NSE:BPCL Daily chart. C wave seems to be touching 61.8% Retrace of Fibo. If green candle at this level & stock crosses above 530 on daily candle closing basis it may touch 580 by December 10. Stop below C level = 490. Go long only if long bullish candle at this level. If C level breaks, Trade level becomes invalidated. (bcz 78.6% retrace is not trustworthy) ..

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