Get started
BHARAT PETROLEUM CORP LTDBHARAT PETROLEUM CORP LTDBHARAT PETROLEUM CORP LTD

BHARAT PETROLEUM CORP LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

BPCL trade ideas

BPCL bullish trend continueBPCL long term trend is looking bullish. Fibo between the golden retracement plus it has rejected & reversed the head & shoulder pattern along with macd crossover. Above the 100 200 EMA. Cant ignore this price action, 15% upside clearly visible in 4-6 weeks time. Follow the below levels. Target1 611 Target2 628 Target3 647 Target4 666 Target5 688 Target6 700 Fibo extension bonus levels predicted upto 750 levels Day closing below 585 will give selling pressure. Otherwise bullish trend only. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
NSE:BPCLLong
by ashishhc
5
BPCLIn day time frame price has formed a symmetrical triangle and it can give break out in any direction. In lower time price is consolidating in the form of channel. Buy above 308 with the stop loss of 305 for the targets 311, 314 and 318. Sell below 303 with the stop loss of 306 for the targets 300, 297 and 294. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:BPCL
by vanathi
3
@BPCL Swing/short Trade@BPCL Buy Above @315. SL Below @267. Target @344, @390. If you want minimize risks After Entry put @SL at last Higher-Low(HL) or follow trend line as SL or Trailing-SL Plz Note : This levels are only for Swing Trade & Disclaimer: All Information on this page is for educational purposes only , we are not SEBI Registered . Please consult a SEBI Registered financial advisor for your Financial matter before investing & taking any decision. We are not responsible for any profit/loss you made. Like, Comment & Follow
NSE:BPCLLong
by the_chart_analytics_
BPCL [cup&handle] Bharat Petroleum Corporation Limited (BPCL) on a weekly timeframe. The chart shows a series of cup-and-handle patterns, which are bullish continuation patterns. The price has recently broken out of the last cup pattern, indicating potential bullish momentum . 1st Target (1st TRG): The price level around 344 INR is marked as the first target. The stock price has recently touched this level and faced some resistance. 2nd Target (2st TRG): The Fibonacci extension is marked as the second target range, between approximately 400 INR to 440 INR. Volume Analysis: The volume has increased significantly during the breakout, which supports the validity of the bullish move. Support Levels: The previous resistance level, now turned support, is around the 270 INR to 280 INR range. This is the bottom of the cup pattern. Immediate Support and Resistance: Current Price: 307.60 INR. Immediate Resistance: 344 INR (1st TRG). Immediate Support: Around 270-280 INR. Two scenarios :- Bullish Scenario: If BPCL maintains its bullish momentum and breaks above 344 INR, it could move towards the 400-440 INR range. Bearish Scenario: If the price fails to sustain above 344 INR and falls below 270 INR, it might retest lower support levels, potentially around 240 INR or even lower. Targets: If the price manages to break and sustain above 344 INR, the next target range would be 400-440 INR, as indicated by the Fibonacci extension. for MORE check in my Tv-id in.tradingview.com If You LIKE👌👌 MY study ......Boost.🔥🔥🔥.. its. "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
NSE:BPCLLong
by asAMOLSUTAR
BPCL Long Pick Please consult your financial advisor before investing All research for educational purposes only. Here is a technical analysis of BPCL (Bharat Petroleum Corporation Ltd) as of May 2024: Current Stock Performance Current Price: ₹629.00 Day's Range: ₹607.20 - ₹623.50 52-Week Range: ₹331.45 - ₹687.95 Market Cap: ₹1.36 trillion Volatility: 0.57% with a beta of 1.37 Moving Averages BPCL's stock exhibits strong buy signals across various moving averages: MA5: Simple - ₹616.23, Exponential - ₹617.74 MA10: Simple & Exponential - ₹612.80 MA20: Simple - ₹604.85, Exponential - ₹608.35 MA50: Simple - ₹598.97, Exponential - ₹601.91 MA100: Simple - ₹597.53 Technical Indicators BPCL shows strong buy signals based on multiple technical indicators: RSI (14): 72.13 (Buy) Stochastic (9,6): 67.29 (Buy) StochRSI (14): 100 (Overbought) MACD (12,26): 5.75 (Buy) ADX (14): 45.97 (Buy) CCI (14): 159.24 (Buy) Williams %R: -3.90 (Overbought) ATR (14): 6.05 (High Volatility) Highs/Lows (14): 10.31 (Buy) Ultimate Oscillator: 56.68 (Buy) ROC: 4.70 (Buy) Bull/Bear Power (13): 19.42 (Buy) Summary Overall, the technical analysis for BPCL indicates a strong buy signal. This conclusion is based on the convergence of multiple moving averages and technical indicators all pointing towards a bullish trend. The stock's performance shows positive momentum, with several indicators such as RSI, MACD, and ADX suggesting strong buying conditions. This analysis should be supplemented with additional research and consideration of other factors such as market conditions and fundamental analysis before making any investment decisions.
NSE:BPCLLong
by IOTABHI
6
Large Rectangle Breakout Seen in BPCL Ltd.Hello Everyone, i hope you all will be doing good. I have found a Good Trade which just have retested the levels after giving successful breakout on chart, And today i am gonna to teach you about this pattern so if you see this pattern next time, you all will be able to trade accordingly. Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts? Rahul:- A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels. A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated. The price will “test” the support and resistance levels several times before eventually breaking out. From there, the price could trend in the direction of the breakout, whether it is to the upside or downside. we can clearly see above in BPCL chart that the pair was bounded by two key price levels which are parallel to one another. So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but guy's We just have to wait until one of these levels breaks and go along for the ride! Remember, when you spot a rectangle: THINK OUTSIDE THE BOX! That's it. ABOUT:- Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products. Market Cap ₹ 1,30,112 Cr. Current Price ₹ 600 High / Low ₹ 688 / 331 Stock P/E 4.81 Book Value ₹ 349 Dividend Yield 3.50 % ROCE 32.1 % ROE 41.9 % Face Value ₹ 10.0 Industry PE 7.78 Debt ₹ 54,599 Cr. EPS ₹ 124 Promoter holding 53.0 % Intrinsic Value ₹ 837 Pledged percentage 0.00 % EVEBITDA 3.77 Change in Prom Hold 0.00 % Profit Var 5Yrs 28.2 % Sales growth 5Years 8.48 % Return over 5years 9.16 % Debt to equity 0.72 Net profit ₹ 26,859 Cr. ROE 5Yr 23.0 % Profit growth 709 % Important levels for BPCL Ltd. Buy in between 605-585 ( Accumulate more if get lower levels till 550-530) Targets we can see 808/1008/1290++ Keep Stop loss at 471 Price is above 200 EMA We have seen Proper Breakout of Large Rectangle Pattern in weekly timeframe. with Good Volume Price is sustaining above breakout trendline and it has given pull back to retest the levels MACD and RSI has given bullish crossover (I have not placed RSI here as i want to keep chart neat and clean but i have analysed already) Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BPCLLong
by TraderRahulPal
Bharat Petroleum Corporation Ltd - Positional TradeDate : 10-May-2024 Rating : Buy - Positional Trade LTP : Rs. 618.65 Targets: (1) Rs. 687 --> (2) Rs. 770 SL : Rs. 580 on daily close basis Technical View: • NSE:BPCL is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 687.95 on 16-Feb-2024, it has retraced 19% to 556.40 level. • On 29-Apr-2024, NSE:BPCL has broke out from its secondary down trend with high volume and re-tested the down trend line twice, on 30-Apr and 9-May. • NSE:BPCL has also closed above 20 DMA, 50 DMA and 21 DEMA on 10-May-2024. • RSI is trading at 53.91 and MACD is trading at 4.01. • Looking good to start a new swing from here. Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
NSE:BPCLLong
by vicky252
1