BPCL trade ideas
BPCL long in weekly chart BPCL gave breakout . Right time to enter . you can use daily chart line for choosing entry .
#swingtrading
#priceaction
#wedgepattern
on watch list2 weeks low - 401
50sma - 400
symmetrical traingle formation
keep this stock on radar -
tomorrow's close if breaks 401-400
can go short for next week
disclaimer - trade @ own risk
BPCL - Rising WedgeBpcl has rising wedge on daily timeframe... but currently trying to break supply zone, let see how it react. Target on chart...
BPCL : positional buy Forming a triangle on weekly timeframe and its near the breakout level
can give good move if breakout happens on good volume in coming days
buy above 450
BPCL (WEEKLY)PATTERN : SYMMETRIC TRIANGLE BREAKOUT
VOLUME ALSO GOODS
WAIT FOR THE RETEST OF DOTTED TRENDLINE
NOTE : ONLY FOR EDUCATIONAL PURPOSE
See the chart of Bpcl (Bharat Petroleum Corporation Limited) Bpcl looks good on the chart the traingle pattern is since 4 feb 2020 and the target is around 511.
But it is for positional
BPCLBPCL: Looking Good
Head & Shoulder Pattern & Flag Pattern Breakout
Buy Above 440 Add Until 380 Stop-Loss 375
Target 480-520-540-600+++
Positional Call
BPCL stock to be taken for long Again BPCL at the verge of BO on daily. Buy above 445 Target 472 with SL 434. This is for your educational purpose only.
BPCL BREAKOUTAfter long consolidation in triangular pattern BPCL has finally given a breakout upside.Volume around is also good.
Best BUY around 435-443 , SL should of the swing low 372 and Targets are mentioned with green lines.
LIKE AND FOLLOW TO REGULAR UPDATES.
BPCL READY TO BLAST "WEEEKLY BREAKOUT"BUY ABOVE 436.50
AS IT'S WEEKLY BREAKOUT LEVEL PLUS 61.8 finoacci retracement level
NEXT TARGET IS 485/510
SL 425
