TradingView
udanimanav81
Jul 31, 2021 6:53 AM

Fuel giant returns!!!! Long

BHARAT PETROL CORPNSE

Description

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!!!
More