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.
Market insights
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
BPCL BPCL Can enter after a small retracement ,,,,Entry range 335 ,,,,Target 385 ,,,,,,,STOP LOSS 312. only POSITION TRADE
BPCL Breakout in weekly timeframeBPCL Breakout in the weekly timeframe.
Note: It's only for educational purposes. Do your own analysis for trading.
bpcl breakoutBpcl has given a breakout with strong candle and good volume entry with half qty and half if it retest otherwise enjoyy the rally with half qty.
sl below engulf candle and target 1:2
BPCL bullishInverted Head & Shoulder Neckline breakout and retested the neckline as well. Reversal Candle shows more strength.
BPCL looking good after breakout
BPCL is looking good after breakout .. breakout level is 342 with the target of 361(short term) for mid term target is 403/434/471
BPCL Longmest capital indicator has generated an alert of going long in equity for BPCL.
Timeframe: weekly
Entry : High price of candel
Stoploss: Low price of candel
Happy trading 🙏
BPCL - Retest at Neckine of HNS PatternWe can see more rally on BPCL due to retest &
Retest Will work as Support.
So, 330 Support Line,
Target 1 - 350,
Target 2 - 370.
This is for Educational purpose, Trade on your Own Risk.
Bpcl about to break week trend line NSE:BPCL at weeks low and about to trend line. Best to wait till earnings. After that if the trend line break, expecting nearly 15% up move
BPCL for long entryOn a daily chart, BPCL forms W pattern. Good to go long after the BO of the resistance zone. Buy@ 330 on the day closing candle for the target price of 350-360 with SL 318-320. The stock also crosses the 50 EMA level. This is for your education purpose only.
Clear Breakout on Head and Shoulder Pattern.Don't miss chance enter the trade.
orange linnes are tarrget 1 and target 2,
Time frame : 1 Day
BPCL Inverted Head and shoulders !!BPCL is forming a beautiful Inverted head and shoulders pattern at its low and with its earnings coming up on 12th august, it makes a strong long contender.
It takes support on the 50EMA and a break above the neckline on above average volume initiates the trade with long targets of
T1 at 371.20 and T2 at 394.45
Risk To Reward od 1:2
Stop loss below the 50EMA
High Volume cues and favourable risk to reward
Keep It Simple
BPCL - On the verge of breakoutRRG charts suggest improving of Oil n gas and PSE sectors
As BPCL falls in both, chances of breakout remain very high
Break n sustain above 335 will be crucial level to watch
Above tat stock as a direct stop at 370 - 400
