Based on candle stick pattern formed as the price has not been able to clear its resistance level. * only for intraday purpose * Watch the opening and then take a call Resistance: 399-405-409 Support: 390-387-381 Buying can happen above 397 Selling pressure may come around 395
NSE:BPCL Observations: 1) On Daily Time frame it looks trading in the range 445-465. 2) On Daily Time frame it looks like it is forming tripple bottom or may form tripple top pattern. 3) On Daily Time Frame it took support from 21DMA and closed above 50DMA Please refer Chart below: daily time frame. 4) On 1hour time frame stock closed in the critical...
Please refer chart for details
There are two conditions mention in chart, if it make good green candle we can initiate our buy. If not we will wait for retesting lines,
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.
Good for Positional Traders. Enter after the breakout or buy and hold.
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...
The Daily study in the Chart says it all.. Trade the levels given as per ur risk apetiite... Just painted the technical outlook BPCL.. Like... Share... Follow... for more updates
BPCL levels to trade on 7th July 2020