BPCL : Can break box pattern? 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 actions
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My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
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Market insights
BPCL Analysis for 10th March Technical analysis of BPCL
1) rejection From the 50% Fibonacci retracement level
2) Formation of symmetrical Triangle
3) Consistent supply
4) No RSi divergence Spotted but, it's below 50
I am gonna be neutral on the analysis And I'll trade with the trend or play the reversal of the trend.
BPCL : Volatility DivergenceBPCL Stock on Daily TF we can see that took support at 325 level and gave upper closing on Friday with high volume. Stock has made Volatility Divergence on daily TF means 3rd Feb stock has closed below lover band of BB and on last couple of days stock gave closing in lower band of BB. its give signal to stock is ready for going upside move.
Entry : CMP
Sl : 325
Upside Move : 340,345
BPCL view BPCL is currently in a perfect place. We can expect an ideal directional move from this point on either side.
Wait for his stock to confirm either side move with good volumes and follow-up candles.
Trade safe. Manage risk. Be profitable.
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Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
BPCL - Head & Shoulder pattern - 15% ROIAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
BPCL L0NG (INTRADAY DEC 5)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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BPCL
Daily : Stock is in uptrend.
15 min : It has made Ascending triangle.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
BPCL Upside IdeaI am expecting a reversal on NSE:BPCL . As per my analysis, best level to take entry is 310 (have to wait for levels to come).
My targets will be 318, 338 & 365.
Can exit if price trade below level of 295 (Stop Loss 295).
Note: This is my personal analysis, only for learning. Thanks.






















