SL-460 #CLEANANDCLEARCHARTS Wait for a closing above 481 on daily timeframe candle. Easy trade maintain sl targets are mentioned on charts. If break above pattern then hold it for medium term. Queries in comment section.
DATE: 18 MAY 2021 INSTRUMENT: BPCL TREND: BUY TIME FRAME: DAY CMP: 448.45 BUY ABOVE: 453 STOP LOSS: 440 TGT 01: 470 TGT 02: - DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever. Leave a comment that is helpful or encouraging. Let's...
Buy above trendline breakout, short sell below demand zone.
Bpcl has been in somewhat of an uptrend as of late. But for the third time since last july 2020 today again it failed to cross the levels of 481-482. If tomorrow it crosses and closes above 481 we can most likely see an upside till 510 or higher. The same way if it closes again in red with a decent body below todays lows it can be shorted with 482 as a stoploss....
DATE: 18 MAY 2021 INSTRUMENT: WIPRO TREND: BUY TIME FRAME: 3 hrs CMP: 448.45 BUY ABOVE: 453 STOP LOSS: 440 TGT 01: 470 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
BPCL looks good on chart. This might give breakout soon.. We can expect a good return from here. (For educational purpose only)
Dear trader, If u look at the chart of BPCL (analysis based intraday only) the BPCL Buy at 409 and Target at 417 Best Buy at 405 Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade. Best Buy level might be executed or might not be executed. The chart clearly indicates Bullish Trend you can also see...
As per the FIBONACCI RETRACEMNENTS, we are able to see the recovery in the prices and if they breach the key FIBONACCI Levels we can see a higher upside. 2 Target levels have been identified. Favourable StcchRSI, MACD, Fisher 9 and %R observed. Moreover, it has started making Higher Lows, and we have to spot for higher highs now. Disclaimer: The analysis...
BPCL trend reversal and buying opportunity Follow me for more ideas like this
Currently BPCL is trading inside a descending channel and near it's support zone in the channel as well as near it's buying zone. We need to wait for two confirmations, first one is it should take support from it's buying zone as well as it should also give a upward breakout from the channel. You can start buying the stock once both the condition satisfies.
Good for Positional Traders. Enter after the breakout or buy and hold.