BPCL trade ideas
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
BPCL - Weekly breakoutBPCL has come out of a triangle giving breakout on weekly chart.
Also sits on support zone which makes it more likely to go up.
forecasting idea for good Risk reward ratioi don't have idea why it needs to move down for going up.. Just i am forecasting for better risk reward ratio
BPCL CHART ANALYSISMY PERSONAL VIEW ON BPCL.
BPCL is at mqajor resistance, if price sustain above the resistance then it might be continue its uptren.
If price fail to sustain then it may come down. NSE:BPCL
BPCL positional buy Breakout in BPCL chart ..maintain a SL of of 380 with a minimum target of 480-500...
#BPCL Price Rejection with High Volumes# BPCL forming a triangle in Daily Charts, getting rejected at 430-440 zone with Good Volumes.will initiate a short trade below 422 for T1 400 & T2 375, will put SL of 338. Let's See
