Script is brekaout from the long term resistance of 549 and sustained weekly closing and intraday closing. Target is 689
Analysis: The chart you provided shows BPCL's stock price currently trading at ₹558.38, which is above the multi-year resistance level of ₹541.60 marked by the blue line. This recent breakout, accompanied by strong volume, suggests a potential continuation of the uptrend. Key Points: Breakout confirmed : BPCL successfully broke above the multi-year...
There is a strong resistance at 550 and stock has now given a breakout . The stock was in a channel from 2018 to 2024 and now the channel is broken that too with a MA golden cross-over. Can wait for the confirmation and retest . For educational purposes only
BPCL 22% upside possible in next 30 days - Targets 565 Seems to be Flag Pattern breakout on daily Charts. Happy investing.
BPCL has breached the 6 Years range on today and closed above 555 Break the long term ascending triangle chart pattern and Trading at All time high Trading above all KEY EMAs Indicator shows bullish signal Multiyear Breakout Keep in WATCHLIST PSU and Undervalued stock Looking good for long term
BPCL is looking good for short term (14%) and mid term (40%+).
BPCL - Pole and Flag for long time. along with darvis box setup Chart speak for it self. Min target is mentioned. This is only for education purpose. Don't buy or sell the stock based on this..
It is observed that BPCL is trading at crucial resistance level. Seems time to get corrected. And the results are also going to announce tomorrow. Keep your SL at 490. Possible to go down till 461, 449 and 409
BPCL intra-day or swing trade with small SL and decent targets ENTRY: 484-485 or dip at 485-486 (if gap up) StopLoss: 480 or just below 480 TARGET: 490,500,505++ Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my personal view
First I saw this chart from @srikartiram on Trading View. I started with less capital. I traded in BPCL to increase the capital. Not telling this for a trade. But want to give credit to Srikartiram for the one of the first charts I possibly see or understand or like.
on weekly time frame it is showing Symmetrical triangle pattern breakout on level 485, now its right time to buy the stock on levels 485-500
IOC and BPCL will be the outperformers for the whole year. BPCL has clear inv h&S formed on daily charts. Look to sell put options and keep adding in delivery. i m holding huge delivery... excellent dividend payer.
#BPCL at the verge of Triangle breakout in Weekly & Monthly TF Volume spike Momentum candles ante present, often leads to strong breakout #bpcl #breakout
BPCL coil system 1 Entry above 462-463 SL 448.8 Only for journaling not for the trading. This post is for my personal use. Note : only for learning, not a trading recommendation. i am posting as a trading journal before and after breakout.
Swing Idea: Potential swing trade after retest of inverted H&S Attempting inverted H&S breakout. Correction expected before it continue the trend. RSI near over bought area. Potential swing trade of 100 points. Note: This is just for analysis purpose, please do your own research before punching any orders.
#BPCL Cash -Positional call 19.Dec 2023 Buy above 461.10 Stoploss 420 Tgt 540/ Final tgt 600 Cmp 449.75
NSE:BPCL Only SIP when the herd is fearful for Wealth generation. Do your own research before investing or trading in any stock or indices or crypto. Disclaimer: This is not a financial, investment or trade advice. Its only for educational purpose.
BPCL Cmp 399 dated 16-11-2023 1. Inverted Head & Shoulder Pattern 2. BO above 401 Buy above 401 target 410-425-430-445-450-465 SL 375 Pattern Target 510 SL 360 It is just a view, please trade at your own risk.