BPCL trade ideas
59. pASSIVE ANALYSIS INTRADAY.. E. 386. sl 383..t1=390. AND 394Passive analysis
only for educational purpose
Bpcl ...... short tradelevels mentioned on chart.
this is just my view....... trade according to your risk management.
BPCL appears to be a good short candidate.Bharat Petroleum Corporation Ltd (CMP 367.35) is showing negative divergence along with a double top pattern on daily chart. Downside targets can be 355/340/335/320 on positional basis. Stop loss can be kept at 380 on closing basis or at 385 on intraday basis. BPCL may turn very weak below 350. Risk is all yours.
BP rises when BPCL goes down, 405 possible or 15% possible ?!Both are same , lets check this out for the coming days. BP rises when BPCL goes down for some traders!
NSE:BPCL Sell For 16 Nov 2018NSE:BPCL sell initiate for 16 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 302.15
Stop Loss : 311.65
Target : 293.9
BPCL- Possible correction in downtrendThere is correction and price action will go up According to elliott wave theory. Consider to check it out
Enter Short on BPCL for the month of AUG...Hi Friends,
Please see the snapshot its a clear down trend began for BPCL ----
Try to BUY PE's I expect it to go down below 320 BY EOD of AUG and continue to go down even more in SEPT..
#BPCL breakingLooks like bad scene BPCL. Im out of it. Making lower lows...Will break 370 and then go down to 350/340 levels.
Will be a good sell at around 380 and wait till it breaks.
