BPCLBPCL is making a good chart there is strong support zone 288 level which is touch two times now this stock making a triangle pattern which indicate a bullish view can take swing trade with stop loss of 286
BPCL trade ideas
BPCLBPCL made inverse head n shoulder pattern on an hourly chart with good volumes.
Could be bought with mentioned stoploss & target
BPCL Going to Blast As we have already done analysis BPCL can make blast in coming days ..
Catch it OR Watch it
BPCL Sell for intraday tradingBPCL Sell for intraday trading if stock break the given support level.......
BPCL Sell for intraday tradingBPCL Sell for intraday trading if stock break the given support level........
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 is a buy at 252 levelStock is heading down to the green dot~ 252 where there is confluence of trendline and AVWAP
descending channel pattern*This idea is for learning motive only, if you want to trade then trade with your own risk, proper money and risk management.
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
BPCLBPCL is head & shoulder chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Script :- Bharat Petroleum Corporation Ltd
Sector: Refineries
Industry: Refineries
BPCL sell for intraday tradingBPCL sell for intraday trading if stock break the given support level ..........
Head & shoulder in BPCL. BPCL has formed a head and shoulder pattern on a daily time frame.
The stock had closed just near the neck line and if the level is crossed a nice target of 315 can be achieved in intraday trade.
The stock is trading below 20 and 200 DMA and on the hourly time frame, there is a bearish moving averages cross over.
Confirmation for the trade:-
1. Head & shoulder
2. Bearish cross over (hourly time frame)
3. Closed below 20 and 200 ema (daily time frame
Only enter the trade if a 60 minute candle closes below 320-320.5 price level.
Targets :- 315, 307
Stop loss :- 325
Wait for a clear enter in the trade and for a price action near the levels. A intraday and even a swing trade can be initiated in this stock.
BPCL Buy for intraday tradingBPCL Buy for intraday trading if stock break the given resistance level then we will buy the stock.........
BPCL Sell for intraday tradingBPCL Sell for intraday trading if stock break the given support level..........
BPCL Long IdeaThe stock has corrected a lot. For some time now it has been in a consolidation phase. Looking for a good up move from here
BPCL sell for intraday tradingBPCL sell for intraday trading if stock break the given support level.............
BPCLBPCL cmp 338
a Self speaking chart
as long as bpcl holds 320
it looks wave iv is completed and started its upmove ....
Upisde tgt would be 600 from here....
Vedang!!!
Chart is for study purpose only
BPCL Sell for intraday tradingBPCL Sell for intraday trading if stock break the given support level..........
BPCL good for swing BPCL GOOD FOR SWING TRADING
This stock is support the moving average 44 and trendline so it is a good stock to buy
Buy = 334
stop los= 222
1st target =342
2nd target= 367
***WAIT FOR BIG TARGETS**** after trendline breakout
BIG TARGETS ======== 1st 390 .............2nd 450
BPCL breakout expectation above 335BPCL breakout expectation above 335
Follow strict risk reward and stop loss...
BPCL at Channel support Technical analysis at 335
OI at 340 once crossed will test upper levels of 350
