Levels on the chart Buy @ 128-133 Target 139-144-148-153-158-163-169-177-190-200+ Sl Below 127 (Daily Candle Closing Basis) Holding Period 2-3 Months
Ascending triangle formation BPCL
All the levels are mentioned on the chart *This is a personal view and should not be considered as buy or sell suggestion or advice, trade/invest at your risk
As I mentioned in the graph, there is a triangle pattern. Wait till next month first week to look after buying pressure or selling pressure. If its a big buying pressure, enter the trade and book profits. If you have any suggestions, do comment my analysis.
Study for PNB > Triangle pattern > Near Resistance > Volumes are increasing since February > Accumulation is going on > After downside....in sideways since May 2020 Good for long term Good R:R ratio Dtd 21st May : TheCharts Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before...