BPCL short tradeA good short trade in BPCL Ltd. it's a symmetrical triangle chart pattern break out and the first target is to 200 EMA and it's wicks.
BPCL trade ideas
BPCL buy for intraday tradingBPCL buy for intraday trading if stock break the given resistance level.........
BPCL long upside move of 30% [expected]Bpcl long
Pros
1 rsi divergence
2 weekly trend line
3 making large wick
4 double bottom pattern
Cons
1 earnings ahead
BPCL sell for intraday tradingBPCL sell for intraday trading if stock break the given support zone with big red candle..........
BPCL - LONGTERM - ELLIOT WAVE ANALYSISIt has formed classic elliot abcde triangle. Ready for upside move.
To clarify the stoploss points:
You can see 2 stoplosses as well as targets.
Place your stoploss at (stoploss 1 : 297/-) if you are taking an entry now.
After the price breaks the upper trendline and comes for a retest, then stoploss can be moved to (stoploss 2 : 331/-)
These cases happens only for triangles. So invest wisely.
-Definitely not a SEBI registered. So, this is only for educational purpose.
BPCL buy for intraday tradingBPCL buy for intraday trading if stock break the previous days high.........
BreakotTrend line is break by big candel and big volume if it break 377 then trend may be reverse from there
BPCL wave analysisBPCL completed 5 year wave 4 triangular correction which started in 2017.from now wave 5 rally should start towards 2000.DISCLAIMER:this is my view if price patterns change i will also change my view.
BPCL sell for intraday tradingBPCL sell for intraday trading if stock and ENERGY sector also weak ........
BPCL buy for intraday tradingBPCL buy for intraday trading if stock break the descending traingle pattern upside then we will buy........
Bpcl stand on important support Bpcl short
Inverted Head and shoulder
If break than it will go down 330
BPCL sell for intraday tradingBPCL sell for intraday trading if stock break the support then we will enter in trade.....
BPCL: Fuels?HIdden bullish divergence is visible, in order to get it resolved price may break the falling channel and if crosses 371, we may see fresh upmove
BPCL Price Action Strategy !The stock has clearly broken an important FIB Level and his downward channel. The trend will start to reverse from here !!
BPCL ANALYSISCMP:348.35
Ascending Triangle Pattern
Support: 342.90
Downside Targets: 340, 333-334
Resistance Zone: 350-351.5
Upside Target: 356-357
BPCL - long viewThe stock has crested a good base at the level range of 330 levels.
As you can see the stock has taken support around this area and moved upwards.
It reached a high of 503 levels before crumbling to huge selling pressures.
The stock is trying to make its way back to the top.
I have presented my views on the chart with levels that can help you take your trades.
Thanks & Regards,
If you feel you can make use of my and put them to good use, request you to kindly revert with feedback/suggestion/improvement
BPCL Technical AnalysisI Think My Lavels Help You But Trade On your Risk If Rsi Not Help You Then Do Not Take Any Trade
BPCL Technical AnalysisBPCL Technically near to support price if not break out support reverse possible
