BPCL WILL FARTHER FALL DUE TO THIS PATTERN...TECHNICAL INDICATORS -
REVERSED ASCENDING WEDGE PATTERN :
The stock had broken down from this pattern on 22nd oct with a proper red candlestick and fell 34 points since then. It is expected to fall 10 points more to reach the profit target
BEARISH DIVERGENCE :
The stock had formed a "Bearish Divergence" pattern on 31st july & 30th sept and fell considerably after that
PROFIT TARGET :
282.00