BPCL trade ideas
Bpcl Defies All OddsAfter a bloodbath of a week, the markets are recovering and after a 15% fall, BPCl has taken support on its long term support with a high volume bullish candle
Moving average does not say much.
Stochastic RSI is also in the oversold region giving a long bias.
T1 Is the short term target
T2 is the Long term target
Stop loss below the support level.
Keep It Simple
BPCL longBPCL long
Near breaking the resistance levels, currently hovering over the resistance line.
Expecting some good upmove.
Just my view. No recommendations for trading.
Scope For Intraday Short Selling 4 BPCL Bearish Flag Pattern On BPCL
As u can notice the bearish flag pattern formed on here and the market has now started moving bearishly after the breakout of Flag , this warns us to stay away from any long positions as of now. This also provides an opportunity for intraday shorting .
There is also an Indication of formation of W pattern whose 3rd leg is forming as now and also provides the scenario for intrday short selling
Sell Short Intraday
Entry Price :- 307.4
Tp 1 :- 302
Tp 2 :- 197
Tp 3 :- 193
{DYOR}
More Intraday stock signals for NSE and BSE segments upcoming daily. Follow 4 more
GO LONG ON BPCLNSE:BPCL
This is swing trade
The stock is at support zone and have taken support zone
The first target is at 325 and second target is at 345 there is small resistances at 315 .
This is for educational purpose .
BPCLdescending triangle pattern breakout wait for entry about of confirmation candle .
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BPCL SHORThello friends now this stock is all ready in bearish moment may be market will be go more down site i hope you like my chart analysis like comment share with your friends thank you.
BPCLBPCL stock short time call buy 345 to 347 level.target 365 with stoploss below 333.long term target 390. NSE:BPCL
BPCL AnalysisBPCL ANALYSIS
Time Frame Analysis:
--------------------
Monthly: Downtrend
Weekly: Downtrend
Daily: Downtrend
Pattern:
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Monthly : Descending Pattern / M pattern
Price & Volume relation:
------------------------
Volume is supporting on Daily, Weekly & but on Monthly not.
Conclusion: We will take entry only when Support breaks or Viceversa, Good RR we can catch here.
add to watchlist for swing trade ...wait till breakout`stock now showing strength , wait till break out `
BPCL looking good above 346.BPCL is in channel pattern. when it breaks channel we can see good rally in bpcl
Bpcl can look for downside 320 levels and 275++ levelsBpcl can look for 320 levels and 275++ levels only below 360 below closing on daily basis with sl of 400 on dcb
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Disclaimer : only for educational and learning purpose
BPCL | Things aligned properly - Looks good for a long term betBPCL | Things aligned properly - Looks good for investment than short term trading
Quality stock
High dividend yield,
Discounted price,
Has atleast 60-80% room to rally.
Technically a good setup aswell.
near support. buyself explanatory.
Resistance and support lines are drawn and its near support line so defininte buy.
BPCL short setup H&S target 290 if breaks below supportThis looks like a nice short setup if the support is broken with good volumes. Let's see how it goes.
BPCL Entry @ 450
SL @ 440
Target @ 480
TIME : 2 months
Please like and comment if you make some profit after seeing this.
BPCL. A possible up moveStock Name: BPCL
Chart Pattern: Ascending Triangle
Time Frame: 1D
Keep watch on BPCL. Probability of an up move. Consider buying only after your "own" analysis and study.
BPCL respects trendBPCL has beautifully respected its uptrend after taking support from a long term trendline and 50EMA during the pullback after successfully
creating a head and shoulders as updated on my previous analysis of BPCL.
All of this done on above average volume
Traget at 346.75 which is the recent high
Stop Loss: Below 50EMA
Keep It Simple
BPCL retest of the breakout region.BPCL with a very interesting structure.
Price contained in this descending channel and now has given a breakout from a VCP pattern and is now retesting the breakout level. Any strength in the stock around 330 levels can be a good buying opportunity.
BPCLBPCL is on Breakout for Long Trendline.....
The Target is 375 for Breaking out in a Week.
May be Goes up to 400.
Also Check Retest.
BPCL for Long Rally over 400 and reach the Share Real Price of 450.
BPCL longOn a daily chart , BPCL forms strong support pattern.
Good to go long after the BO of the resistance zone .
Buy@ 339 on the day closing candle for the target price of 354-372 with SL 329
BPCL Trade For Swing Trader
Swing Trade
Bharat Petrol Corp Limted ( BPCL)
# Trend line breakout
# Resistant breakout
Entry at ------>>>> 363
Target at----->>>> 401 , 434 , 463
Stop Loss--->>>> 320
