BPCL trade ideas
BPCL - Head & Shoulder pattern - 15% ROIAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation
BPCL L0NG (INTRADAY DEC 5)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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BPCL
Daily : Stock is in uptrend.
15 min : It has made Ascending triangle.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
BPCL Upside IdeaI am expecting a reversal on NSE:BPCL . As per my analysis, best level to take entry is 310 (have to wait for levels to come).
My targets will be 318, 338 & 365.
Can exit if price trade below level of 295 (Stop Loss 295).
Note: This is my personal analysis, only for learning. Thanks.
BPCL -Bullish Price Action AnalysisFrom Oct 2021 , NSE:BPCL has continuously made LH-LL in daily Time Frame.
Now Price has Approached pandemic level and also its demand zone comes from the higher TF such as Weekly & RSI is showing the Divergence.
A good buying opportunity arise if price sustains this demand zone (287-300).
Price has already dragged much from the top level so buying opportunity only comes to the picture.
If you have other opinion, please share your comment below and like & follow for upcoming great analysis.
Safe Trading ;)
Bpcl formed double bottomBpcl is in downtrend from some months and that down trend came near to crucial support
if tomorrow is gap down it will fill remaining gap otherwise tomorrow is gap up it will go up movement
to the resistance volumes also increased so this will be the active stock for tomorrow
all the best guys NSE:BPCL