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NeeteshJain

BPCL Breaking out Ascending Triangle (Strong Bearish Signal)

Short
BHARAT PETROL CORP (NSE:BPCL)  
NeeteshJain  
NSE:BPCL   BHARAT PETROL CORP
BPCL NIFTY Ascending Triangle Triangle breakout
5
6
bpcl nifty ascendingtriangle triangle breakout
The price action has finally breaks out from a long preceding Ascending Triangle on daily chart, that indicated weakness and a bearish reversal.

Target: 545
Stoploss: 600

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