BPCL trade ideas
BPCLThe rise in prices has been a big boost for OMC, so levels to watch out are 356 which is make or break as of now.
BPCL Expected Bull Run for 340 349 365 375 408 414 436 SL 289BPCL Expected Bull Run for
340 349 365 (Safe Players Exit)
375 408 (Moderate Risk Takers)
414 436 (Aggressive)
490 (Extended target for Uber Bull)
SL 289
BPCL - Short term trendClosed 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.
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BPCL | Trading in a ZoneAfter the price rallied upwards, the price consolidated into a zone where it gapped down to find the region acting as a resistance.
The longer-term support line being tested, the price is likely to go long and take roof on the zone's support at 341.
Long Position
Target 1: 334
Target 2: 341
SL: 318 (Careful at being stopped out!)
Thank you for reading, hope you have a good day
simple chart works tiptop 5 year return -27.63%
3 month return -25.84%
something is wrong with this stock.
this company 100% owned by public.
BPCLStill BPCL looks bearish on multiple time frame.However, i am sharing my view on 15 minutes time frame
Swing trade shortThird time price rejection at 370 level.
Price broke the support line this time.
Entry:353
Target: 340
