BPCL has fallen over 9% on disappointing earnings.... that's the past Looking at the stock right now, we can see 1. It is falling on low volume towards the support zone = good bullish sign ( Since there is no selling in the market ) 2. It is present at a major support and trend line ( Supports hold in bull markets ) 3. Support from 200EMA = bullish sign We...
Looks like BPCL can see levels of 405 and 428 in the coming months. Also, the inverted head and shoulder pattern is getting completed.
techincals are detailed in chart target 333 stop loss 320
BUY - BPCL CMP - Rs. 386 Target - 1: Rs. 439 Target - 2: Rs. 483 . Timeframe - 4-6 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
-it has reveresed its trend -forming bullish flag pattern -raised 2 billion dollor for green energy
BPCL Weekly Elliott Wave Counts, The full impulse of BPCL is pending. Wave 5 is pending. It just completed the triangle forming in the wave (4) Also, Wave (3) is almost 1.618 of Wave (1) So, expecting wave (5) at least 0.618 of Wave (1) at 722 and a second possibility of equality between the two waves at 1450. Best stock to be invested at this time. Trade at...
There is a clear inverted Head and Shoulder Pattern (Bullish) Formed on the Daily Chart of BPCL There is also a Golden Crossover (When 50MA move above 200 MA) It's best to wait for a pullback and buy in the range of 330 -335 Targets can be booked in the range of 390 - 400 Stop loss @ 300 Risk to reward 1:2 Trade according to your risk appetite.
As per Elliot's wave, the E wave of a triangle has been completed. an impulse wave is forming of which 1st segment of the 5th wave is in progress. c wave of 1st of 5th wave is forming ...so can take a short position up to 350... then there is a massive move up as 5th wave can be the extended one.
INTRADAY TRADE BPCL Looking good for upside.. When it break level 377 and sustain.. it will go upside... BUY@ 377 Target 1st 380 2nd 384 Enjoy trading traders.. Keep add this STOCK in your watch list.. Investor are welcome..
trend analysis of bpcl with simple price action.as stock is making Double Bottom at support with neckline breakout 355_360. Disclaimer: this analysis only for only education purpose only. . not a any bull or sell tip I am any sbei registered financial advisor
Rotation range ICMC Retest On crossing below 358 an rotate and rejuvenate
Watch the trendline breakdown for BPCL. should make 1 -2 halt candles and then breakdown will give good fall. Please Note I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
On a big watch BPCL On crossing the IZ 362 activates for big move basis Momthly charts
BPCL Flag and Pole breakout, potential return , target 410
MAYUR K. MEHTA Bpcl- 52 week high Making HH- HL ON HOURLY CHART. buy above 377.60 Sl 371 Tgt 386-397-407 RR : 1: 1.25, 2.90, 4.45
My First analysis. Planning to take pyramid strategy for small profits. BPCL@373.6. Breached its resistance point at 375 with high 376.9. Can this rally till 399? or take a reverse trend? Note: I am 4 week old trader :)