BPCL trade ideas
BPCL Breakout with Vol.BPCL has clearly given Breakout of Symmetrical Triangle Pattern and ready for next target. RRR is 1:1.
One can trail SL for further move.
This information is purely for educational purpose, don't make any buying or selling decision based on it. NSE:BPCL
Triangle Pattern Breakout in 1 DTF//BPCL>The good ACCENDING Triangle Pattern formed which ended up with strong green candle!
>The pattern took 3 supports at the bottom and 3 resistances at the top!
>12 AUG close is strong both 1 DTF & 1 WTF.
>In WTF it closed as a Hammer Candle , It is heading to break 20 DMA!
>Once it breaks 20 DMA then 50 DMA is the immediate target in WTF, the MTF is also looking bullish by the way.
>Stop-Loss is fine under the green bullish candle in 1 DTF and wait for the 20 DMA break and take the positions accordingly.
Hope the stock blast!
BPCL Positional Short IdeaBPCL is taking resistance near previous swing. It has been observed that big players are making short position around this area. if one negative candle appears on next trading day and closes below 335.40. It would be sell signal.
Classic Chart Pattern.BPCL looks good to go long. Target would be the upper channel's headline & SL below the lower trendline.
BPCL Buy for intraday tradingBPCL Buy for intraday trading if stock break the given resistance level then we will enter in trade..........
BPCL if croses 332 with volumeBPCL could be next contender if would cross above 332 with volume than will be touching 366 in 2-3 days
BPCL Buy for intraday tradingBPCL Buy for intraday trading if stock break the given resistance zone then we will enter in trade.....
ASCENDING TRIANGLE BREAKOUT/ OIL cooooooll INNIT
lets get outta here
look above you at the sky. the legends are watching us, they are counting on us, cant let them down...
Happy Trading !!!
BPCL sell for intraday tradingBPCL sell for intraday trading if stock break the given support level then we will enter in trade....
channel for informative and educational purpose onlychannel for informative and educational purpose only
WATCH THIS STOCK BPCL
BPCL sell for intraday tradingBPCL sell for intraday trading if stock break the given support zone.........
BPCL WEEKLY Bullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
BPCL Buy for intraday tradingBPCL Buy for intraday trading if stock break the given resistance zone............
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 then we will enter in trade....
BPCL SEll for intraday tradingBPCL SEll for intraday trading if stock break the ascending triangle pattern downside then we will short the stock.........
BPCL buy for intraday tradingBPCL buy for intraday trading if stock break the ascending triangle pattern upside...........
BPCL - Trend and Support zonesBPCL - Trend and Support zones analysis
1. Very Week in weekly candles, Almost breaks the current support of the primary trend.
2. It should bounce back above 310 for the next uptrend before the monthly candle closing.
3. If not it will fall down to the 2020 crash number.
4. If not bouns back then the next supports are 300, 275, and 255 respectively.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
