Progressive good earnings and yet the stock is going down making a triangle pattern, probably due to sentiments. Meanwhile, the graph can be seen giving a breakout of the triangle and there is a possibility that it may go in the long awaited up direction.
It is advised to review the previous and current financial statements of the company and make your decision...
NSE:BPCL Stock was one of the top gainers in pre-market.
The Price on daily chart has formed morning star candlestick pattern which is a bullish reversal candle and it has also formed a falling wedge pattern which is a bullish reversal pattern. we can expect spikes in buying volume in the the share price of BPCL.
**for study purpose only**
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Today the index decides to reverse up and closes above the " JNSAR Trading System " signals a LONG Trade Opportunity on the index.
The HimSagar Express had a change of plans and is now back en-route to Jammu Tawi
