BPCL - Short Term Bullish - Positional

By Saptagirinivasa
Updated
snapshot

Bulls have gained control and if they are able to sustain above REDLINE, expect a very good upside move.
Stop loss - If price closes below redline on weekly closing basis.

Re-enter if price crosses above REDLINE.

All the best
Trade active
Bullish trade continuation. Exit below low of the weekly green candle. Re-enter if price breaches above redline
Trade active
Stop loss, below 368, weekly candle closing basis.
Trade active
PRICE ACTION EXPECTED ABOVE 397.
Trade active
Exit if daily closing candle below 391. Wait for next trade at Red line based on market sentiment.
Chart PatternsTechnical Indicators
Saptagirinivasa

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