All sets for break outIf breakout target will be 465 If reversal target will be 400Longby prabakaran27120
Buzzing BPCLBPCL formed a channel pattern. Also bullish engulfing candlestick pattern formed. we can expect to break the channel pattern. one of the reasons for bullishness is it broked triangle pattern ( This article is in the related ideas section once go through it for better clarity ) which is formed from past 2 years. Stay tuned with me by following @GKS_TEJA. Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply whether it good or bad just reply to this article. Thanks for reading. follow:- @GKS_TEJA follow:- @GKS_TEJA follow:- @GKS_TEJA Disclaimer:- It's just for educational purposes. Longby GKS_TEJA1
Buy BPCL to take long entryBuy BPCL above 412 Target price 425-430 with the SL of 402. This is for your educational purpose only.Longby Tech_stock_traderUpdated 1
BPCL Bullish for swing or short term Trade.NSE:BPCL BPCL on daily chart looks bullish for swing or short term trade. On daily chart of BPCL after price rejection from 436 on 9th of February 2021 it did not received proper follow through for selling and went sideways for few days. On 17th February 2021 though it made Gap Down opening which at that time seems like good opportunity for seller but if you observe the daily candle of that day its seems sellers were weak and they didn’t managed to keep the prices lower and hence day closes near the high which indicates that there is very less supply in this stock at least for now. Result of which we are seeing today is stock prices are moving higher and day’s closes likely to be near its high which is going to be good opportunity for swing or short term trader. But one can prefer to wait for a breakout to the resistance level of 436. SL for this trade is going to be at 375 while targets being of 480 and 520. Longby PriceVolumeRider2
Correct way of using VWAP indicator.We all know that VWAP is a powerful indicator for the intraday traders, lets check how to use VWAP indicator correctly. You should buy stock at high of first candle when it closed above the VWAP price & for selling you should sell it at low of first candle when it closed below the VWAP price. set the target and stop loss according to your experience and wait for the profit. But beaware most of the time stop loss hits first, now it depends on you that how you manage this strategy.Shortby sureprofit071
BPCL FORMING SYMMETRIC TRIANGLE, TRADE AFTER BREAKOUTBPCL FORMING SYMMETRIC TRIANGLE, TRADE AFTER BREAKOUT ON EITHER SIDES AND REFER THE ARROWS FOR TAKE PROFIT LEVELSLongby vineet_miskin0
pattern breakout possible in BPCLAsymmetric or Triangle . We have shared chart for both the possible patterns. Please use indicators to confirm either of them . First try to go with triangle pattern . Once triangle is confirmed, look for resistance at upper end of the channel and wait for a breakout after booking partial profit from the triangle pattern/ NSE:BPCLLongby wearetraders2020330
Symmetrical Triangle Breakout In BPClA symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. for Education Purpose onlyby nitinsadude2
[Positional] BPCL Short IdeaConcall was muted. Now I will sell future apart from Call Spread. Only if it triggers. Shortby Amit_GhoshUpdated 116
BPCL Bearish BatTgt-402. Disclaimer: This is my personal view and NOT a trade recommendation. Shortby Divergent_traderUpdated 0
bpclthe stock is trading in a symmetrical pattern since long time & is abt to give breakoutLongby priyanka_shah4
BPCL-Fake Breakouts given at 430!!Forms Descending Triangle Pattern not once,not twice,but thrice. Low BUY volumes seen in 4H timeframe. VOLATILE market NSE:BPCLby abhishekbahal0072