today i think is day for bpcl just like yesterday was hpcl . one can buy intraday ( i am a intraday trader) looks good with risk to reward.
Important Levels can be observed from the chart.. following Elliot path 4 to 5.. then a mini correction.. one can expect to complete a W formation and then fly from break honoring the Elliot wave.
Hi Folks, BPCL daily chart has two patterns inside a big pattern. Inside big parallel channel, there is a smaller parallel channel near breakout point. And also, there is a Cup and handle pattern not the clean one, but it is there. Looks good for long Enter only if it breaks 405 or 415 level Strict stop loss of 371 I hope you will benefit from this...
Looks like BPCL is moving ahead in wave 4, and will touch pivot point of wave 5 very soon. If invested now can give 30% return. Check the chart and comment for suggestions. We are also waiting for good disinvestment news that can even cross Rs. 500 target mark What are we talking about? BPCL target price Rs. 500 Wave 4 of Wave 5 started RSI is gaining...
Bpcl has broken the fibonacci resistance level, it can be bought for a tgt of 667,680 with a of 650 for Positional trades
Heyy!! BPCL is a stock more dependent on price of crude oil so better trade consciously now it looks in downtrend if it will not break 350. #learner
As per the Technical Analysis Chart Pattern, BPCL SWING TRADING view. The potential bullish trend with the upside of 368 as the first target from the breakout of 355. We can follow the strict Stop Loss of 344. It is only Buy Above the resistance of level of 355. 380 can be taken as a second target. Traders, If you liked this idea, hit the like button and write...
BPCL Strong LongBuild up A lot of accumulation is already done in the stock. Buy on cost around 415-417 SL 394 Tgt is open But being of the safe side partial Profits can be booked around 450/470/470+
Descending triangle pattern. Watch for breakout or breakdown.
Bpcl is on a good support zone.
BPCL broke out of long term trendline and retesting it and currently taking support and bounced from a short term trendline and major support simultaneously.
#BPCL Bharat Petroleum Corporation Ltd. CMP: 413.25 Target: 450 / 503 SL: 402