Market insights
BPCL- BULLISHDATE: 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.
BPCLAs you can see in this chart BPCL is moving in ascending triangle pattern in 2 h time frame & its is also moving in down channel in 15 mint time frame and it already broke the channel so we can enter around 430-434 range stop-loss will pe 427.75 and TGT can be around 454-456 or if bpcl will brek 428 then we can go short with the TGT od 401.
BPCL LONG INTRADAY 15 APR,2021Dear 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 the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
BPCL : The Way Forward.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 is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.






















