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. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
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. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...