Date : 10-May-2024 Rating : Buy - Positional Trade LTP : Rs. 618.65 Targets: (1) Rs. 687 --> (2) Rs. 770 SL : Rs. 580 on daily close basis Technical View: • NSE:BPCL is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 687.95 on 16-Feb-2024, it has retraced 19% to 556.40 level. • On 29-Apr-2024, ...
As you can see BPCL is now trading in a critical support zone. You can take entry between 355-360 As stock has been corrected there is good probablity and opportunity which has been arise Technical indicators 1. MACD CROSSOVER - daily and monthly are positive 2. RSI is gainig momentum 3. 200DMA support at -355 4. HEIKEIN ASHI bullish signal(daily) STOP LOSS...
I analyzed this chart just for fun. Buy after proper breakout done.
Long Idea , Purely Based on technicals. Levels are mentioned on chart. Trade is alligned with higher time frame.
BPCL breaking a pennant #weekly with good volume and rsi #target 800 + follow ur sl stricly EDUCATIONAL IDEA
BPCL long term trend is looking bullish. Fibo between the golden retracement plus it has rejected & reversed the head & shoulder pattern along with macd crossover. Above the 100 200 EMA. Cant ignore this price action, 15% upside clearly visible in 4-6 weeks time. Follow the below levels. Target1 611 Target2 628 Target3 647 Target4 666 Target5 688 Target6...
Hey Family, there is a one more stock Which is showing a great opportunity and forming range and Descending Triangle Pattern, Stock break's resistance zone let's see breakout sustain or not. what is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is...
Stock has given breakout from its strong resistance level which it was facing from 2017. Good to add in portfolio at 560-570 levels considering market sentiments. Keep on radar.
BPCL currently braked from trend line and it retraced to the trend line.It showing positive about the stock.So there is a chance to go upwards to sock.First target is 647.Second target is 667. SL nearly 584. It’s not a financial advice just only for study purpose.
Nice BO in BPCL with retracement. I will enter it and update the details. I dont recommend others to enter the trade based on my views.
stock : bpcl trade : long (cash and option segment) buy @ 610 above sl @ 602 t1 @ 630 t2 @ 650 t3 @ 665 note : this information is for education only
Price was taking trend line support and now it is consolidating. Will the trend continue? Buy above 615 with the stop loss of 610 for the targets 620, 625 and 630. Sell below 607 with the stop loss of 612 for the targets 602, 597 and 592. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a...
BPCL - a OMC (Oil Marketing Company) in India; under OIl & Gas Refining Marketing category. ++ Public holding=8%, Promoter Holding>50, Div Yield=3.57%, PE<5, Mcap> One Lac 25000 Cr., CMP > BV, CMP < IV, RoCE / RoE = 6.5, PEG<0, PE<Ind. PE, Debt reduced in last 3 years, (Reserves+Interest)=₹ 97,000 Cr., Expected OPM=10% Since March 2020 to March 2024, FII :...
Bharat Petrolium is one of the great stock for fuel sector is ready to roar again. We do see channel breakout in BPCL and we are expecting a good move in this script. Moving averages also showing favourable ratio. CMP: 601 STOP LOSS : 582 TARGET : 627 +
📊 Script: BPCL 📊 Sector: Refineries 📊 Industry: Refineries ⏱️ C.M.P 📑- 585 🎯 PE 🏆 - 4.38 📊 Script: ONGC 📊 Sector: Crude Oil & Natural Gas 📊 Industry: Oil Drilling / Allied Services ⏱️ C.M.P 📑- 275 🎯 PE 🏆 - 8.24 📊 Script: COALINDIA 📊 Sector: Mining & Mineral products 📊 Industry: Mining / Minerals / Metals ⏱️ C.M.P 📑- 435 🎯 PE 🏆 - 9.14 📊...
📊 Script: BPCL 📊 Nifty50 Stock: YES 📊 Sector: Refineries 📊 Industry: Refineries Key highlights: 💡⚡ 📈 Script is trading at its support level on weekly chart, keep an eye on stock we may see some good really from here. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 585 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new...
bpcl is forming flag and pole pattern and ready for breakout , whenever market is negative then oil sector become positive so its ready for upmove , and also in uptrend