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 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...
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.
Buy above high of breakout candle at 373.05 Stoploss at 365.35
Strong volumes were seen in last two trading sessions near resistance with a doji formed in the last trading session on Friday. If resistance is broken then price can hit Rs. 399/-
After down trend, BPCL is now in accumulation phase. Bulls are showing aggressiveness on chart. May be it revers again from here inside box. but what if it breakout box pattern :). Can we see uptrend back ? What's your view? My view, i will wait for Box pattern breakout before entering and keep eye on this stock. Best for Swing trading if you know price...
BPCL Short to Medium Term View is given SL is on 336.40 Entry is at 324.55 Target is at 299.90 This View is for Short to Medium term only and is purely based on technical analysis and is for educational purposes.
BPCL - Elliott Wave View. Pattern suggests a triangle formation, which means a bullish scenario is likely from this level. A move below 300 would be an invalidation to this idea.
BPCL view triangle formation for today 14th Feb Buy above 338 Sel below Follow strict risk rward and stop loss if u follow the level Charts for Educational purposes only Thanks, V Trade Point