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 trade ideas
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
Enter after breakoutIf find any breakout in 4hr tf with possitive candlestick pattern, can enter as head and shoulders breakout
BPCL JAN 3rd week # trade 1.7
If the price follows any of the given lines buy at the indicated arrow
dnt frgt to put stop loss
nt a advisor, noob analysis
Happy Trading :)
BPCL Is Looking Good For SwingWhat we believe in :-
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DISCLAIMER :- This Channel Is For ( EDUCATIONAL PURPOSE )
BPCL Breakout CandidateAnalysis as explained in chart. Targets as given in chart.
This idea is for educational purpose only.
Please use strict stoploss and money management rules.
Please consult your financial advisor before investing.
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W patternBPCL 16 jan 22
Formation of Bullish W pattern on daily time frame
CMP 398
T1 412
T2 434
T3 444
For Education Purpose Only
BPCL1 Broke the long term trendline (blue)
2 Took support at marked bottom rectangle
3 Now it has again broken the trendline on lower timeframe and may come down
4 I can see two possibilities one it will regain black trendline and move up or take support around green zone.
Note if it breaks green zone then further downfall is expected
This is just my view and no recommendation
BPCLNSE:BPCL
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Go Long in BPCL...Stock is at bottom of support trend-line, clearly shown taking support from it... On daily TF it is breaking cup pattern...
Privatisation news is already in market, hence good time to make position in BPCL.
Up move onBPCL It's at verge of breakout
Create Long position through Cash & Call Option.
BUY BPCL CASH @396-398 SL 388 Target 408/415/420+
BUY BPCL 405 CALL @5.8 SL 4.5 Target 8/10/12/14
BPCL - Short Term Bullish - Positional
Bulls have gained control and if they are able to sustain above REDLINE, expect a very good upside move.
Stop loss - If price closes below redline on weekly closing basis.
Re-enter if price crosses above REDLINE.
All the best
BPCLGreat opportunity for "swing trade" in "BPCL" stock gives positive brakout after downtrend buy it after re-test at 400 our SL is 350 and TGT is 450,500.
