udanimanav81

Fuel giant returns!!!!

Long
NSE:BPCL   BHARAT PETROL CORP
BPCL has been experiencing a falling wedge since a long time it gave a breakout some time back but failed to sustain causing a false breakout
it has formed the same falling wedge near support levels
it has started to feel some buyers coming in visible in shorter time frame

long term view:
BPCL is gonna be privatized by the year end seeming to be a good news
if yall can hold it till a year
dividend yield too is better than fd

Holding for long term can give great returns too!!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.