BHARAT PETROL CORP BPCL

vt_trader

BPCL is near resistance zone on hourly chart. Long we can go long if price breakouts & retest above the resistance zone. stoploss below the resistance zone. target will be the next resistance zone. Short we can go short if price makes strong bearish candle near resistance zone. stoploss above the resistance zone. target will be the next support zone. Please...

Priceactiontradertamil Updated 

buy cash bpcl 350 sl 330(weekly candle close) taret 430

04:13

TradingSutra Premium

Inverse Head and Shoulders Continuation: This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large...

VArun1000

There is a clear inverted Head and Shoulder Pattern (Bullish) Formed on the Daily Chart of BPCL There is also a Golden Crossover (When 50MA move above 200 MA) It's best to wait for a pullback and buy in the range of 330 -335 Targets can be booked in the range of 390 - 400 Stop loss @ 300 Risk to reward 1:2 Trade according to your risk appetite.

anandnst Premium

#Bpcl cash -Positional call 11 Jan 2023 Looks good above 360.10 and dips 350-354 Stoploss 340 Target 378-380/420 Cmp 352.50

ShreeShyamInvestment

bpcl sell below 320 tp 300 buy around 300 tp 320 / 340 /360

shreyassomnathe Updated 

For swing entry can be taken 470 ce cmp 16 sl 10 hold for 15 days (less/more) (news in bpcl , global oil players might invest in BPCL ,CNBCTV18 Financial bids for BPCL likely in November; hope to complete divestment by March 2022: Govt officials this might disturb the movement on either side)

Share_Singh

Budget Pick 2: BPCL Fundamentals : Decent, YOY Sales growth, decrease in Profits as high expenses due to crude price, DII stakes increased significantly. Healthy Dividends! Technicals : Corrected, Formed double bottom at Strong Support in Wedge. 50 DMA crossing 200, Attractive RR! R1: 360 R2: 400 R3: 460 SL: 285

rvc8280 Pro

Pls note: This is completely my perception. NSE:BPCL BPCL seems to be on continuous raise from 290 levels with correction and again forming Higher Highs. 356 will be one minor Hurdle - if the cross sustains this level -- we should see strong upside candles in a short period. Based on the Below chart - From a Monthly Futures perspective - BPCL's current...

Vishy5

Looks like the trend is over The stock may go for a correction now Risk to reward looks better Trend may take a pause at 336/328 areas which can be considered as short term target

nellurimahesh Pro Updated 

In Weekly TF, BPCL is at Crucial Support and formed Reversal Pattern. Even in Monthly TF, it is forming beautiful Price Action. I would be going long if the daily TF candle sustains Above 350. For Swing trading, My Stoploss would be below recent Support turned Resistance i.e Below 330 AND Target would be between 385-400. Matching my 1:2 RR. For...

QuackStocks

inverse head and shoulder pattern breakout at bottom on weekly charts for BPCL

InvestPro_India Premium Updated 

Buy BPCL for the marked targets of the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team

vinodhvinayan

Double bottom pattern + Trend line break out Buy above 350 Sl below 320 Target 420 , 510

Dhruv15121993

BPCL on long up move after long down trend, Possible Target - 370-390-410. Continuous Up move on Jan to Mid Feb - 400. Trade by own Risk.

harish2104gowda

Looks like bpcl it is making inverted H&S with RSI divergence with good volume targets are in the chart.

konadkarsapnesh79

BPCL Inverse H&S Pattern On Daily TF. Go long above 358 and keep SL 317. Take trade only after breakout and manage your risk. This pattern is also visible on 1Hr TF. Target will be 1:2 or around 430-450 levels.

chart_analytics_kb Updated 

BPCL analysis for tomorrow just for educational purpose, trade at your own risk