If BPCL opens near 406, intraday 411, 414 levels possible. This is just my observation & not a trade recommendation. Pl do your own research before entering.
Pl refer chart. Pl leave a like if you found this helpful.
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Some observations. Pl refer chart. 1. Stock has retraced 61.8% of fall from 486 levels. 2. RSI is showing Bearish Divergence 3. Neckline is retested.
Stock takes support at 100EMA. Bought at 171.45, Target is the length of previous consolidation zone. Please do the analysis yourself before trading.
Bullish signs. 1) Triangle formation, after a good retracement to 50% FIBO. 2) In possible Wave-3 of the Elliot Wave method. 3) Bullish flag on Day chart.
NSE:APLLTD Scrip has shown consecutive higher highs & lows, at the same time broken out with good vol. & strong bullish candle. The length of the pattern ie., 1065 can be a technical target. Move can start above 1000. Disclaimer: This analysis is meant purely for educational purposes & feedback is always welcome. Please do your own analysis before putting down...
NSE:BPCL A beautiful pattern with healthy corrections, makes BPCL a low-risk buy at CMP. Targets mentioned. Check my previous update on BPCL down below for support on smaller time frame. Thank you!
NSE:BHARATFORG has retested C&H trendline. Can buy @CMP for a TGT 540, SL 490. Thank you.
Wait for Daily close above trendline before entering. Near term target is 1010. Please note this analysis is purely for educational purposes. Kindly do your own analysis before putting down your hard-earned capital. Feedback always welcome. Thank you