BPCL trade ideas
this chart is BPCl [ the time to sell bpcl ]the bpcl chart is follow to down trend and i sell to bpcl and wait a movement and get profit.
BPCL BREAKING THE WEDGEWe shared BPCL Sell Idea @ 412 and we saw almost 8% fall from our Selling Price.
BPCL was trading in a falling wedge and is now at the verge of breakout which is a bullish sign, looks good to buy above 384 for marked levels on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BHARAT PETROL CORPORATIONHello All,
I am a learner and sharing my view on BPCL DAY CHART (BHARAT PETROL CORPORATION)
BUY ABOVE 386
TARGET 1 - 400
TARGET 2 - 435
TARGET 3 - 470+
SUGGESTION ARE WELCOME.
BPCL Trendline AnalysisDear Members,
Watch BPLC, If BPCL cross 401 level than upward movements starts, first target point 408 to 409,
If trend-line break (level 408 to 409) than second target 428 to 430..
Thanks & Regards
Kirit
BPCL 30 min TF( Trend line + Bullish double bottom breakout)BPCL trend line + bullish double bottom breakout at 30 min TF
NOTE: not a buy recommendation only educational purpose, do your own analysis or consult your financial advisor before taking any decisions.
BPCL for shorterm BPCL in the list, As per the analysis this is in the entry zone supported by a decent trend line. I am looking forward for a decent returns in coming weeks and my target would be 400-420-480 for short term.
Note: Only for Educational purpose and its not a advise or call
bpcl intraday equity for dec 28thbuy at 378
target 380/385
sl 375
self explanatory chart.
if like to make a small not on position sizing:
lets take the above stock for example.
say i have a risk appetite of 2% which is 2000 and my capital is 1 lakh.
it means i do not want to bear a risk more than 2000.
my stop loss is 3 rs away from my buy price (bpcl- 378-375=3)
i can pick 666 stocks- (2000/3)
and if this transaction hits stop loss my max loss = 666*3=1998.
say i go all crazy and buy 1000 qty and if the above trade hits stop loss, my loss wud be 3000. which is more than my loss appetite.
so yea, dont pick too many share. always calculate ur risk before u calculate ur target/profit.
#gyan
BPCL SHORT!! Price Action!!Currently, This stock consolidated past week and forming the triangle pattern...
If it breaks down the target will be 357+++
[ INTRADAY ] BPCL SHORT BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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INTRADAY SHORT BPCL 14/12/21CMP 392
TG 384 379
SL 401
ABOUT MYSELF:
Certified blockchain developer (PG Master's) from a Top Canadian University.
Bachelors in computer science (B.Tech) from a A grade university in India.
12 years of trading experience
I have developed a AI powered code that provides signals for capital markets.
Accuracy till date: 72%
DISCLAIMER:
This is not an investment advice. Just for discussion/paper trading purposes.
Need any specific share analysis? Message me on Tradingview
long Term TrendBpcl is in long term trend
can be bought at current price with a penny stop loss of 397
for a target of 530 Rs with a trailing stop loss..
BPCL: Reclaim the spotFalling trendline BO, Positive div on the Daily tf, expecting first target of 410-413.
BPCL_ 1:3 RR opportunityBPCL has shown a good moment today after a long period of fall.
It is consolidating in one zone after a good up-move with volume. If it breaks the high a good RR opportunity can be captured.
BPCL Long SL - 366, TGT - 440+ Consolidation done - Looking Strong as Lower low and higher high.
For time frame and trade education join.
** Intraday Setup for BPCL ** ** Trade Plan **
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Setup :> Here there is a Support & Resistance Zones . So be an Intraday Trader in the stock.
Entry :> Should be done on the Closest or on the Support Zone. Price Range in the chart above.
Exit/ Target :> Possibly the nearest Resistance shown in the chart.
Stoploss :> Stoploss should be kept just below the support zone.
Risk : Reward. :> Very Good (1:6)
Position Sizing & Instrument to use :> Depends on the capital and BUY in the Cash Segment i mean equity only.
The Trade :> The Stock is looking to make an upside on an intraday chart of 5 mins. Our Task is to buy the stock as near as possible to the support zone.
bounce back to be noticed in the coming daysgood stock at great discount, at this level people can accumulate at every dip
[ INTRADAY ] BPCL LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
