The company recently release their quaterly results. The results are very good. At the same time stock was in down trend but from few recent days stock gave a trendline breakout and also retested the trend line and now moving in upward direction. before some days it was near 200 exponential moving average and from that day it is moving upward. On 6th of...
4 reasons to BUY It have break a tringle chart pattern. It took a support from trend line from Feb. 2021. According to technical indicator MACD it is a buy signal. Also ADX is also going telling us that the trend is going to stronger.
BPCL is just took a support from trend line from march 2020 and also break the triangle chart pattern so one can go for long till 500 and stoploss 5%