Positional Pick - Low Risk High Gains pick. Trading just near 1yr old trendline. Incase if breaks trendline 1 then watchout for trendline 2.
Buy from cmp to 452 easy target 472 Disclaimer : This is my personal analysis for study purpose not intended for trading
BPCL : CMP 458.05 trade setup : (a). buy till 450 . (b). keep stop loss as 429 . on weekly closing basis . (c). targets : 482 /509/449+ . technical buying based on : a. symmetrical triangle . b. support and demand . c. multiple time frame analysis . note : 1 to 2 months time frame
Cup and handle forming as per channel direction -my anticipation
BPCL taking support @458 We may see small buying pressure in BPCL within couple of day
Notes: Very steel falling wedge pattern. Since the pattern is a bullish setup, any close above the trendlines might take it upto the level marked in green. Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
bullish diversion.... for short term buy view... tel-eg-ram - stockvichaarsqr9
Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade.
same goes for here if it went down wait for pullaback it may be fill the gap
Hello guys i had find this selling setup in 4h timeframe which is at upper channel resistance and also broken structure we have a good opportunity to do swing trade here with above swing sl and below channel tg also plzz guys do your oen analysis before taking any trade if you like my analysis plzz like share and follow thank you
It is a nice opportunity to sell this share on 15 min time frame Reasons to sell- 1. Overall downtrend. 2. Formation of lower high on 1 hr time frame. 3. Pull back completed on Fibbonacci level
BPCL has broken the Long Term TL and has also retested it and the support zone near 464-469. A bullish confirmation daily candle is required to go long. The RSI is also in an oversold position. The Short Term Hourly chart shows that it is in a Falling Wedge Pattern. So a break above would be a good time to enter the stock for a Medium Term Target of 536.