Good chart for Bulls-it has reveresed its trend
-forming bullish flag pattern
-raised 2 billion dollor for green energy
BPCL trade ideas
BPCL- Very Bullish StockBPCL 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 your own risk.
Regards,
Arman dhull.
BPCL - Inverted Head and Shoulder Pattern 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.
BPCL long term and shot term view 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.
BPCL 1HR TIME FRAMEINTRADAY 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..
bpcltrend 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
Watch the trendline breakdown for BPCLWatch 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.
Bpcl- 52 week high Making HH- HL ON HOURLY CHARTMAYUR 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
BPCL (Updated)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 :)
Bharat Petroleum, BullishThe stock has been in sustained downtrend since 2021, forming rounding bottom pattern.
The correction in the stock price after dividend payout got extended further upto 298 levels.
There is also small rounding bottom pattern inside the major one along with rising wedge
pattern which is likely to breakout soon. The levels are shown on the chart, for educational
purpose only and are not any trade recommendation.
BPCL 4H TF SHORTLooking good for shorting opportunities, expecting it to give a nice confirmation, wait for 30 mins candle close .
Please follow me for more such trades.
Bpcl 1htf breakdown Bpcl 1htf breakdown from a triangle pattern
Good shorting opportunity
Small stoploss
Bpcl Triangle PatternBpcl Triangle Pattern and also a flag pattern looking good for Bullish Breakout but will wait For breakout confirmation and Lower trend line will be stoploss
BPCL DTFAfter analyzing BPCL's stock, there are indications that a potential breakout may occur in the near future.
However, it's important to note that stock market investments come with inherent risks, and predicting breakouts or price movements accurately is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
long view on BPCL Trend change in weekly time fream , first it was making lower lowes now its creating higher highs , we can go long and our 1st target wiil be 422 , 2nd targwt will be 500 amd our sl will be 349
BPCL YEAR LONG BASE BREAKOUT TO THE UPSIDE.BPCL Weekly scale: one-year long base breakout, as price started trading above its VWAP anchored from the high of Sep 2021. Technically 15% to 20% upside potential is indicative.
Momentum indicators and Relative performance to CNX 500 are positive.
Only personal analysis. No recommendation.
