After resistance breakout from 240 level the stock showed consolidation and then continued uptrend breaking further resistance levels of 280. After a irregular retest wick rejection has been shown from support and the stock now plans to continue its trend.
Stock took support at Fibonacci 50% level in month of November. If stock sustains above 270-275 in next couple of sessions, can easily target 290 and even 314 in next few days. On the flip side if stock breaks TL it can easily reach 247 in few sessions. Chart 1 - Daily Time Frame
Chart 2 - 15 Min Time Frame : A further confirmation of above trade can be taken if...
again and again I am posting bpcl chart
sure guys something cooking in it.
dont miss this great opportunity.
super postive & promising chart for short term
note : this is not buy recommendation guys.
but I told u something cooking in it🙏🙏
do your analysis and consider a buy.
#budget ride expecting
lupin consolidating from jan 8
can see a good up/down movement, depends on breakout
if it seems bullish u can consider a buy
if it seems bearish u can go with sellside
anyway watch it in coming days anytime it can blast