BHARAT PETROL CORP NSE:​BPCL

we can see the signs for reversal Doji candle stick + 2 red candles ---> confirm short sell

BPCL_VIEW

Wait for clear 1-2-3 pattern and take the sell trade on momentum confirmation.

Market is in uptrend as per higher time frame and we can see a nice downward channel in 1 hr time frame, So we need a clear buy setup to go long, Always trade in a direction of a highr timeframe.

BPCL (Bharat Petroleum Corp Ltd) #SELL BELOW 354.3

Short if it triggers with aforesaid stop loss

OMCs are likely to report losses for the December quarter, hence the gained made due to sharp drop in crude prices are likely to be wipe out. BPCL can be short for targets of 330

BPCL trading near Resistance...formed doji in daily chart.

This one can move further , buying at this level is not a good idea , You can look for short selling only on reversal or brake of trend line , and look to book profits as per forecast

BPCL

Can test coming resistance,if it break out there will be bull dance...

Short below 367.9 with SL 376.2 T1 363.1 T2 357.7 T3 348.9

NSE:BPCL BPCL looks weak below 368 as long as 376 SL intact 360/350 possible ?

Short with aforesaid stop loss.

Already stock is in supply zone. Max it can touch 375-377, then profit booking will start. So sell from cmp to entry mentioned(375).

BPCL has given breakout on daily chart. BPCl was in downtrend since January 2018 and now it has broken its long term resistance trend line. Expecting a good up move. Lower crude oil prices will give the required thrust for cruising towards 390 or higher. Now this resistance trend line will acts as good support. Disclaimer : This is for education purpose only

BPCL Long Long above 351 with 328 as SL T1 - 360 T2 - 365 T3 - 370 T4 - 377.75 If it cant Breakout then we can go Short too for Target of RED Line

BPCL CMP 326.85 One may consider to buy at CMP and /or on dips towards 320. Momentum might be seen above 335-338 zone. Target for the current setup 360/372 Keep a Stop loss if closing is below 315.5 Alternatively one may consider the following FNO strategy Sell BPCL 320 PE Lot size 1800 CMP 11.5 Max profit potential Rs 20700 if stock stays above 320 on 27 ...