Dear trader, If u look at the chart of BPCL (analysis based intraday only) the HDFC support 1 at 439 and support 2 at 435 and resistance at 455. Forming a triangle on weekly timeframe and its near the breakout level can give good move if breakout happens on good volume in coming days. In Intraday most important thing is to enter and exit points. Our signals...
Triangle breakout Harmonics in place RSI gaining strength Give that RSI level breakout and we are looking for 480 and 525 Sl is 395
Important Levels can be observed from the chart.. following Elliot path 4 to 5.. then a mini correction.. one can expect to complete a W formation and then fly from break honoring the Elliot wave.
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...
RISKY TRADE I AM ANTICIPATING THIS TRADE. Please do your own research before trading or investing.
Buy : 400 - 410 Stop : 358 Target : 430 , 470 , 500 , 540
this is good buy zone as i see long tail after breakout. still i will not touch we need good candle close above this zone.
Hey guys, BPCL has a very good setup right now. It seems to be forming a bearish bat with the second impulse wave in the formation. This trade has an RR Ratio of 6.82. So that pretty much is a very good number to give in. Sell in the red region and buy back lower at the 0.382 retracement.
we can see further upmove, next resistance 510. see chart on daily candle, you will see volume more clearly.
bpcl 60 points upside move we can see on next week
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
Buy if BPCL sustains above 420 Target will be 450+ with stoploss of 395.. We are not SEBI registered..
sustaining above 370 levels, stock may move towards 43 and 480 levels on the upside View negates below 350 levels.
Closed with good volumes & If sustain above 348 we can see good upside in short term. However due to global market conditions, need to trade as per market trend. Add to watch list
we are looking all time chart of BPCL.