BPCL Breaking out Ascending Triangle (Strong Bearish Signal) Short

BHARAT PETROL CORPNSE

Description

⋅ Sep 12, 2016 5:36 AM

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

Comments

theeye

⋅ Sep 12, 2016 6:01 AM

Neetesh thanks for updating ur views on so many stocks, pls if u can post ur views on TCS n LT will be gratefull.

NeeteshJain

⋅ Sep 12, 2016 6:52 AM

I shall be updating my views on the requested charts in a while, I sincerely appreciate your input. Regards.

NeeteshJain

⋅ Sep 12, 2016 7:14 AM

NeeteshJain

⋅ Sep 12, 2016 8:15 AM

theeye

⋅ Sep 12, 2016 8:24 AM

Neetesh I'll appreciate ur views ...great.

theeye

⋅ Sep 12, 2016 9:16 AM

Thanks for the inputs, I was watching TCS if it will move up to fill the gap but am not skilled in technical aspect....thanks.