After a huge rally, the stock can be seen consolidating with a positive bias. A flag and pole pattern is clearly visible on the charts and any break above 3800 can lead to a very strong rally . Longs should be initiated above 3800 with a stop loss at 3750
UPL after a good rally has been consolidating with a positive bias. The stock currently trades above its 50 DMA and if 860 is taken out it is ready for another rally . Longs should be initiated only if 860 is broken on the upside
Bharat Petroleum Chemicals limited has been in the news recently for its bumper dividend and has already given quite a run up .The Stock has been forming a rounding bottom and a break above 485 could take the stock higher NSE:BPCL