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NandanChaturvediTrade

Swing opportunity in BPCL. Double bottom

Long
BHARAT PETROL CORP (NSE:BPCL)  
NandanChaturvediTrade Updated   
NSE:BPCL   BHARAT PETROL CORP
Trend Analysis Chart Patterns
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trendanalysis chartpattern
BPCL is trading in a range and respecting the trend line. Now again, after a nice double bottom it has taken support at the trendline and ready 5o move high.. This is a good place to enter the trade. SL should be below 450.

Kindly note, this is only an analysis and not a recommendation.
Comment:
Buying zone would be above the neckline of double bottom.
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