Bpcl trying to fill the GapBpcl is making a cup handle pattern a sign to fill its gap of 12% DIVIDEND Buy Cmp Target @443😊
Market insights
Butterfly breakout BUtterfly breakout now we can see this keep on radar
for educational purpose only
BPCL Ready to Fill the GAP - BPCL Ready to Fill the GAP -
Its making a Cup and Handle formation, it would then fill the GAP.
TRACK BPCL NSE:BPCL
ITS bouncing back from the support Zone, can be GOOD if sustain above 424
MY TARGETS DRAWN ON THE CHART
BPCL Intraday Strategy Buy BPCL at 430+
Target Price :- 432, 433
SL :- 429
This is not a trading call
only for education purpose...
if am wrong then please let me know....
Thanks in Advance
Simple Trade Setup | BPCL | 28-09-2021 [INTRADAY]NSE:BPCL
Trade Setup for Date 28-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
5) If you are in short trade then be quick in profit taking.
My personal view is bullish if it sustain above 422 level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
BPCL ||||BPCL is trading near its Support...
Buy around 410 - 425 for the targets of Rs. 452 and 495...
Stoploss- 398 - 375...
Hold atleast 2Months...
#BPCL
BPCL ready for uptrendFORMING "W" pattern :
when entry position with target of 2-2.5 % Swing trade /btst
Btst 2-2.5 % is good as the share will not get into your for 2 days you dont have to get charged for DP charges best part the charges will be like intraday
Could wait for more days for better return but currently doing swing BTST only per week only 2 -3 trades with 2-2.5 % target safer and also getting
20-25 % return/month . Target for this year to continue to do like this for making 240 % .
BPCL : Good to go long above 423BPCL : Good to go long above 423
Reversing from low levels. wait for closing above level.
BPCL for long entryLong BPCL above 421 TGT 423-425-427 SL 417. Trading in the box. Expected to move higher from the zone. Short time trade IDEAS for your educational purpose only.
BPCL - Time to Buy !!Dividend given...correction done to long term averages ...Narrow SL at 400....Go long...RSI oversold ...
BPCL, good 60 min Supply zones zone aove zone, IntradayBPCL is in a good Downtrend and there is no quality Demand on high time frame to hold or give a reversal
1 hour good Supply zones.
Both can be traded or trade only the Top Supply zone which is coinsiding with Daily Supply also is coinsiding 240 min Supply zone
Since planning for Intraday , Target should be 1:2 RR
Happy Trading.
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even after a thorough research and Analysis a setup can fail due to any opposing News on the stock or on its Index or due to Market Volatility.
Hence ,if you trade on this setup kindly Take Position(Quantity) as per your Risk Management.
#BPCL Weekly chartBpcl
at trendline support
good risk reward opportunity available
Disclaimer: Educational view
BPCL, 1D , swing trade Long time resistance line breakout in day time frame there is a good target achievable in next one month
[Positional] BPCL Short IdeaNote -
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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BPCL TRADE SETUP FOR TOMORROWBPCL share has given breakout on today once it closed above 496.
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So, Now the tomorrow we can see the good upward momentum on tomorrow.
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We can make a entry at 499 with the stop 3 or 4 and Our target would be 510.
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Risk Reward Ratio is around 1:2.
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What do you think comment below in the box.
BPCL Breakout Pullback ContinuationBPCL broke out of its resistance zone of 480, pulled back to the support zone and has exhibited continuation from the breakout. Good time to enter Long for the next resistance zone of 550 as target.
Simple Trade Setup | BPCL | 14-09-2021NSE:BPCL
Trade Setup for Date 14-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
