From Oct 2021 , NSE:BPCL has continuously made LH-LL in daily Time Frame. Now Price has Approached pandemic level and also its demand zone comes from the higher TF such as Weekly & RSI is showing the Divergence. A good buying opportunity arise if price sustains this demand zone (287-300). Price has already dragged much from the top level so buying...
Can you Guess the candlestick pattern 🤔 Watch it OR Catch it 🧘♂
BP shows bearish hammer on daily, stop above local high, profit at MAs.
Bpcl is in downtrend from some months and that down trend came near to crucial support if tomorrow is gap down it will fill remaining gap otherwise tomorrow is gap up it will go up movement to the resistance volumes also increased so this will be the active stock for tomorrow all the best guys NSE:BPCL
BP. (BP.) - 30D expiry - We look to Sell at 463.80 (stop at 475.20) We are trading at overbought extremes. Broken out of the triangle formation to the downside. We look for a temporary move higher. Daily pivot is at 469.60. Preferred trade is to sell into rallies. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be...
BPCL is head & shoulder chart pattern breakout wait for entry about of confirmation candle. This channel is for only educational purpose. Any Profit/loss, I am not responsible. Script :- Bharat Petroleum Corporation Ltd Sector: Refineries Industry: Refineries
BPCL has formed a head and shoulder pattern on a daily time frame. The stock had closed just near the neck line and if the level is crossed a nice target of 315 can be achieved in intraday trade. The stock is trading below 20 and 200 DMA and on the hourly time frame, there is a bearish moving averages cross over. Confirmation for the trade:- 1. Head &...
buy for targets above 400 for medium term short-term targets above 350
BPCL cmp 338 a Self speaking chart as long as bpcl holds 320 it looks wave iv is completed and started its upmove .... Upisde tgt would be 600 from here.... Vedang!!! Chart is for study purpose only
BPCL breakout expectation above 335 Follow strict risk reward and stop loss...
Technical analysis at 335 OI at 340 once crossed will test upper levels of 350
BPCL has clearly given Breakout of Symmetrical Triangle Pattern and ready for next target. RRR is 1:1. One can trail SL for further move. This information is purely for educational purpose, don't make any buying or selling decision based on it. NSE:BPCL
Indian energy sector is moving towards its resistance which is 26285 level. Keep an eye on volatile Metal stocks eg. ADANITRANS , NTPC , BPCL ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
BPCL looks like for Long. I have shared my analysis in the above chart.
BPCL - Trend and Support zones analysis 1. Very Week in weekly candles, Almost breaks the current support of the primary trend. 2. It should bounce back above 310 for the next uptrend before the monthly candle closing. 3. If not it will fall down to the 2020 crash number. 4. If not bouns back then the next supports are 300, 275, and 255 respectively. Note: 1....
Bpcl long Pros 1 rsi divergence 2 weekly trend line 3 making large wick 4 double bottom pattern Cons 1 earnings ahead
Price forecast in white This is on the weekly chart so a trade isn't to be executed this is just an analysis of the chart on a larger scale price forecast on this weekly chart is in white
The stock has clearly broken an important FIB Level and his downward channel. The trend will start to reverse from here !!