After long consolidation and turnaround in numbers, chart and technical analysis suggest a good FLAG and POLE breakout of 310 points target of 860.35 in 6-9months timeframe.
Chart is self explanatory. Just for education purpose, points to be noted In this type of formation an entry is typically taken when the price breaks out. Buying happens if the breakout occurs to the upside, or short/sell happens if a breakout occurs to the downside. A stop loss is placed just outside the opposite side of the pattern. For example, if...
Introduction: Bharat Petroleum Corp. Ltd. is a holding company, which engages in the business of refining of crude oil and marketing of petroleum products. It operates through the Downstream Petroleum and Exploration and Production (E&P) segment. The Downstream Petroleum segment includes the refining and marketing of petroleum products....
#BPCL on trendline support Buy above 356 on weekly close Sl below 325 on weekly close Target - 390
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
1. BPCL has formed Cup and Handle Pattern, it may breakout in near future. 2. SL, Entry and Target to be posted afterwards. Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes.
Reasons to consider: Aim for long term only 1. Fair high volume in Daily candle in recent times. 2. Cup and Handle Pattern. 3. 1 year resistance breakout 4. Healthy dividend payer. Note: Thanks for Day Trader Telugu and other Masters. Note: I am not a SEBI registered Adviser, please do your own analysis or consult financial advisor for taking entry, stop...
Breakout in BPCL @398.00 Weekly Chart basis. :: Data Point :: Breakout Level: @398.00 1st Target: @420.00 2nd Target: @470.00 Stoploss Level: @372.00 Note: BPCL traded above 200 EMA as well as Good Volume showing its Breakout poteintiality.
BPCL is forming a cup and handle pattern on monthly timeframe. you can personaaly nalysis this company and can take entry in this stock.
Stock is looking good above 390 above and volume is also good on weekly TF, follow chart for proper support and resistance levels.
Hi every one BPCL stock keep in radar for whole year use your technical skill to capitalise stock option future
Wait for Retest the area 370. Or close above 390. Stock can go to 460 in weekly chart.
Buy - 386 Stop Loss - 364 Target - 486 NSE:BPCL BPCL is on the verge of Break out of a long time resistance. Kindly note this is a Prediction and not a recommendation
NSE:BPCL BPCL is in consolidation for 5 years and it's clear structure of wave abcde . Wave abcde always formed in wave 4 only. It seems like wave 4 is completed and BPCL is in wave 5 to complete the wave structure. Minimum Target is 805/-
NSE:BPCL Chart and Indicators are showing bullish divergence. Stock is just below 200 EMA on 2,3,4 hours chart. It's better to wait and watch and enter at HH level which is near 357.70/- Target: - 1)Target is between 366 - 368 Avoid this setup for 15 mins after opening the market to take trade.
inside bar formation above the conflunce of 18,50,200 day EMA .price breaking out form a parallel channel target and SL marked
NSE: BPCL is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...