BPCL took perfect support it's 100 DEMANSE:BPCL is looking to respect it's 100 DEMA. It has bounced back from there only.
BPCL trade ideas
BPCL INTRADAY 15 MINStock showing short term consolidation and RISING Adx. Might give a good move on any side.
Also, stock is closed below 50 MA on daily time frame and now 50 MA is acting as resistance.
BPCL - Pullback if 460 sustains BPCL - if 460 is crossed decisively , this could see an ups or in short term. Accumulate.
BPCLBuy Above 466 as stock strength at bottom with reversal confirmation now Bpcl start its ride for below Mentioned Targets
T1 - 490
T2- 520
T3- 550
SL 440 ( Day Closing)
Holding Period Mid term
Falling Wedge Break Out. V shape recover possible.Stock has given a falling wedge break out on Daily Time Frame. Looking good above 468.
BPCL DAILY TIME FRAMEBPCL ON DAILY TIME FRAME WAS TRADING IN A CHANNEL WHICH GAVE BREAK OUT. BUT IT TOOK RESISTANCE FROM 50MA ON DAILY TIME FRAME.
buy bpcl for 12% profitonly for trading purpose stop also make stoploss with carefully
see how stock touch their trend line and goes up
BPCL Near Triangle BreakoutNear Triangle Breakout
Buy Bpcl Only Above 481 (DCB)
Strict SL - 453.9
Target - 550
BPCL Buy Scenario!!!BPCL daily time frame has given a breakout of the resistance trendline.
Can expect a good upside movement.
this is only a trade idea. pls consult your fianacial adviser before investing.
learning purposeTradeline support . 490 is a resistance .Not a trade recommendation only for learning Purpose
BPCL strong breakout expectedBPCL is just took a support from trend line from march 2020 and also break the triangle chart pattern so one can go for long till 500 and stoploss 5%
BPCL LongIf price sustain on recent weekly demand zone then good to buy.
As per my understanding all upper supply zone are tested if we get ride on right time then target will be new all time high.
BPCL LOOKING STRONG TILL 500HI ,
THIS IS A EDUCATIONAL CONTENT , PLEASE FIND FOR THE PURPOSE OF STUDY.
BPCL breakout+ NewsFlag breakout with good volume and also government ease in rules for sale of BPCL stake to Foreign investment
Its a Ascending Triangle. Hi everyone its a ascending triangle and its is a one of best chart pattern .
: before trading please control your emotion , and work harder and never give up .
: And have a good trade .
