Short BPCL, H&S is in formationH&S is forming in BPCL and HPCL, short it. Sell CE options ... and exit your delivery positions
BPCL trade ideas
BPCL BUY NOW FOR SHORT TERM TARGET 660 TO 700hello friends as you can see in 1 hr chart market making symmetrical triangle and breakout up site with good volume buy above the high stop loss below the low i hope you like my ideas thank you and don't forget to my channel thank you.
#Bpcl cash : Looks good around 620-622#Bpcl cash - Positional call
15.05.2024
Buy around 620-622
and above 628.50
Stoploss 610
Target 638-640/665
Cmp 627.25
Bharat Petroleum Corporation Ltd - Positional TradeDate : 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, NSE:BPCL has broke out from its secondary down trend with high volume and re-tested the down trend line twice, on 30-Apr and 9-May.
• NSE:BPCL has also closed above 20 DMA, 50 DMA and 21 DEMA on 10-May-2024.
• RSI is trading at 53.91 and MACD is trading at 4.01.
• Looking good to start a new swing from here.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
BPCL Long IdeaLong Idea , Purely Based on technicals.
Levels are mentioned on chart.
Trade is alligned with higher time frame.
BPCL PENNANT BREAKOUT WCBBPCL breaking a pennant #weekly
with good volume and rsi
#target 800 +
follow ur sl stricly
EDUCATIONAL IDEA
BPCL Breakout🚀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 shared for educational purpose and should not be considered advise of any nature.
BPCLStock 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 brakeoutBPCL 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.
[Swing Trade] BPCL 614Nice 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.
bpcl swing tradestock : 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
BPCLPrice 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 suggestion to buy or sell.
You are responsible for whatever you do.
BPCL_Long_Support&ResistanceBPCL - 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 : 12.28% to 16.79%, DII : 19.61% to 21.30%, Public holding: 14.27% to 8.00%
OMC stocks will be highly volatile, when war crisis happens anywhere in the world, especially with Arab countries. If BRICS countries implemented the de-dollarization for Oil trading may setup a new thumbrule for all Indian OMC stocks incl. BPCL. Buy only on dips/support in few quantities periodically as depicted.
Bharat petro ( BPCL ) for 620 ++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 +
Fundamental Picks - Stock PE < 20 (NIFTY 50)📊 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: SBIN
📊 Sector: Banks
📊 Industry: Banks - Public Sector
⏱️ C.M.P 📑- 750
🎯 PE 🏆 - 10.49
📊 Script: INDUSINDBK
📊 Sector: Banks
📊 Industry: Banks - Private Sector
⏱️ C.M.P 📑- 1482
🎯 PE 🏆 - 13.33
📊 Script: HINDALCO
📊 Sector: Non Ferrous Metals
📊 Industry: Aluminum and Aluminum Products
⏱️ C.M.P 📑- 614
🎯 PE 🏆 - 14.69
📊 Script: TATAMOTORS
📊 Sector: Automobile
📊 Industry: Automobiles - LCVs / HCVs
⏱️ C.M.P 📑- 963
🎯 PE 🏆 - 16.51
📊 Script: POWERGRID
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑- 281
🎯 PE 🏆 - 16.62
📊 Script: HDFCBANK
📊 Sector: Banks
📊 Industry: Banks - Private Sector
⏱️ C.M.P 📑- 1531
🎯 PE 🏆 - 17.12
📊 Script: NTPC
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑- 350
🎯 PE 🏆 - 17.38
📊 Script: ICICIBANK
📊 Sector: Banks
📊 Industry: Banks - Private Sector
⏱️ C.M.P 📑- 1067
🎯 PE 🏆 - 17.62
📊 Script: JSWSTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
⏱️ C.M.P 📑- 864
🎯 PE 🏆 - 18.79
Formula to calculate PE = MVP/EPS
MVP - Market Value Per Share (Stock Price)
EPS - Earning Per Share
Industry(NIFTY50) PE - 22.7
Always Compare Stock PE with Industry PE for Better Understanding.
LOWER THE PE MORE ATTRACTIVE THE COMPANY.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Keep An Eye - At Support - BPCL📊 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 idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
bpclbpcl 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
bpcl is in uptrendbpcl is forming flag and pole pattern , it is a bullish pattern and also bpcl is in uptrend since many months so higher chances of breakout and for the target , good risk reward ration #stocks #StocksToWatch #StocksToTrade #swingtrading #stressfreetrading
BPCL 1 H TFTrade in Range. Wait for breakout in any side.
If 600 breaks call writers will be trap and give move till 650.
Short is not good choice.
#Bpcl cash : Looks good above 621.10#BPCL Cash -Positional call
03.04.2024
Looks good above 621.10
Stoploss 595
Tgt 648-650/690
Cmp 611.25
BPCL: On the verge of breakoutCMP: 601
🔘 Basing near 50 EMA
🔘 Coiling action
🔘 Back to back IBs
Entry above 610 with 3% SL!
Positional Trading Idea on BPCL with Fibonacci LevelNSE:BPCL
Stock will trade in range during election period. Support near 545 level. Good entry level near 545 if stock down to this level wit Trailing Stop Loss near 500.
Drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 736 level. Long Position may be initiated near 545 with Trailing SL near 500 for the target near 736 level.
