MARKET ANALYSIS: The pair has broken the flag resistance level. Once the market retest the support zone we can enter a long trade setup. Cheers!
I see further upside in BPCL, with immediate resistance at 725.The best way to play this would be to be long slightly OTM call options. Given the sort of move we have seen over the last 2 trading sessions, and the overall trend prior to that, it does appear that the probability of it breaking through 725 are pretty good.
BPCL Extremely High Probability Short Setup
NICE FALLING WEDGE GOING BELOW THE CHANEL AND MOVING AVERAGE... WILL FALL BELOW 100 DAY MOVING AVERAGE BUT WILL MISS THE 200 DAY MOVING AVERAGE.
BPCL - Bullish shark CD leg probability. Sell cmp 628/Stop 631 tgt 590
BPCL has risen very sharply. One can wait for a correction for sharp moves up.
THERE IS HEAD AND SHOULDER PATTERN ON DIS STOCK ON 1 HOUR CHART SELL IF NECKLINE BROKEN FOR NICE REWARD.ENTRY STOP LOSS AND TARGET GIVEN ON CHART. HIT LIKE IF YOU AGREE WITH MY VIEW AND FOLLOW ME FOR MORE UPDATES AND IDEAS,I REALLY APPRECIATE THAT. TRADE WITH CARE REGARDS KING 999