BPCL trade ideas
BPCLBPCL 1Hour Chart Formed Descending Channel wedge.
Retested successfully.
Buy Target 1: 520
Target 2: 540
BPCLThis has been moving in a channel. The stock personality of 200D EMA could not be sustained, currently on 300D EMA formed a harami pattern. A reversal can be expected from 365D EMA.
BPCL Theta Decay tradeNR Decay trade
BPCL is trading at 524
BPCL 510 PE @ 7.30
BPCL 540 CE @ 8.05
Initial credit 15.35
Breakeven 494.64 and 555.35
#BUY SETUP #BPCLDAILY FINANCIAL WISDOM: Amateur traders focus on rewards. Professional traders focus on risk..
(All signals for educational purposes only)
BPCL FLAG BREAKOUT!!!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!
LONG BPCL CALLSI 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.
SOMEBODY HELP BPCLNICE 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-Hr-CD Leg-Sell 628/Stop 631 tgt 590BPCL - Bullish shark CD leg probability.
Sell cmp 628/Stop 631 tgt 590
Long term bullish on BPCLBPCL has risen very sharply. One can wait for a correction for sharp moves up.
BPCL H&S SELL SETUPTHERE 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.
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TRADE WITH CARE
REGARDS
KING 999
