Daily Time Frame: Key Points: Breakout Confirmation: The stock has decisively moved past its 4 years long resistance, confirming the breakout. Volume Surge: Accompanied by high trading volume, indicating strong market interest. Target Potential: Eyeing a 50% upward move based on technical analysis. Why This Matters: Momentum: Breakouts like this often...
BPCL has been trading with good volumes on the bourses in recent months. The 52W H/L being INR 484.60 / 314.10 It is consistently trading above its long-term Moving Average for the past 3 months There is a positive divergence on the oscillators It is standing right at the resistance level on higher time frames Resultantly, I believe that the target price should be...
The fundamental situation, BPCL is in, I can not see it not going ahead and achieving the 39% technical targets. Disclaimer: I am holding since 355 and have targets of almost 100% from current levels, i.e. of around 1150. Trade/ make financial commitments at your own risk. This is to spread awareness and not intended as a buy/sell call. Always, do your own...
Check out swing analysis for overall view pinned below. Now price reacted at 0.5 Fibonacci level & strong keylevel in upward range trend. If buyers not allowed to create one more higher low then strong movement expected with big breakout. Price is following the upward channel Buy Above:657 T1:666 T2: 674 Swing traders can hold for more time Direct Gapup...
NSE:BPCL Overview: After the big up trend from November 2023, price has broke previous ATH. Due to strong movement price has reached 20% above previous ATH. But Healthy breakout needs proper consolidation & also due to profit bookings price was under small retracement. Again the price has bounced from previous ATH but this time with W Chart pattern(Day...
Day TF: Overview: After the big up trend from November 2023, price has reached new all time high couple of times and under consolidation from two months. Again the price has bounced from support but this time with W Chart pattern & more importantly Fibonacci at 0.382 Level. Inside candle price break in weekly time frame If stock found some consolidation...
📊 Script: BPCL 📊 Nifty50 Stock: YES 📊 Sector: Refineries 📊 Industry: Refineries Key highlights: 💡⚡ 📈 Script is trading at its support level on weekly chart, keep an eye on stock we may see some good really from here. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 585 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new...
Symmetrical trial chart pattern is forming on one day chart of BPCL. After breakout, entry can be taken at 610. Target will be 645/685/725 and stop loss will be 590
Symmetrical trial chart pattern is forming on one day chart of BPCL. After breakout, entry can be taken at 610. Target will be 645/685/725 and stop loss will be 590
BPCL 1Hr Chart - Completed 5 Impulse wave then entered in correction with H&S pattern
NSE:BPCL hourly chart is showing a nice head and shoulder (H&S) pattern. If the neckline is drawn connecting the close values of "neck" then the pattern has already broken down. If this materializes then the technical target of the breakdown would be around 530/535, but there is a good support zone around 585 which might hold. The view invalidates on daily...
NSE:BPCL One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
if holding @105 no need to exit also if want fresh buy can consider with sl @103 today all omc moving higher so expecting some news.
GULFPETRO 48.70 TGT 63 SL 43 RR > 2.5 RETURN ~30% TF < 6M NSE:GULFPETRO Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
#PETRONET 238 Breakout at ATH and Retested TGT 275 and open for above SL Not Applicable Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong....
NSE:BPCL NSE:BPCL1! BSE:BPCL BSE:BPCL1! BPCL - The Elliott wave count seems to indicate a bearish market trend. It's best to avoid buying during a second wave of movement, as a fall is possible. For education purposes only!
Your views on this ?? Anyone Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It operates three refineries in Bina, Kochi and Mumbai. Only for educational purposes.
A breakout and close above 375 could lead to continuation of trend. The target is considered to be equal to the length of the pole. So it should be able to reach 400.