Taking Support from its crucial Level and favorable risk to reward ratio for swing call
Yesterday it broke its crucial support level and it is in bearish trend now. sell on rise
Recently BPCL broke its crucial level and it is currently trading at favorable risk to reward ratio
Showing resistance to fall, little bit of momentum can touch the 1280 its new high and then it can touch the 1300 also. Do not Forget to trade with strict stoploss of 1225.
From last 6 month the stock is trading in a range. it high probability that it would rebound from its crucial support. if it does not then still the loss is minimal due to a risk to reward ratio.
above idea is for study purpose only. SL- 3336, Target 1- 3425, Target 2- 3514.
Since majority of the indicator has a bearish views at the current price level, there is much more probability that stock price would fall more. "Above Idea is for study purpose only, please consult your financial advisor before taking any position."
Most of the indicator has bearish view at this current price level, There is much more probability that stock price would come down to given target level. "Above Idea is for study purpose only, Please consult your financial advisor before taking any position."
Technical Indicator has bullish view plus stock has broken its major resistance. "Above Idea is for study purpose only, Please Consult Your Financial Advisor before taking any position."
MACD, RSI, William % R, Parabolic SAR all indicator has a positive signal at this current price level , Stocks Currently trading at 32.05 PE which is a good PE ratio to buy. Target and Stop-loss are mentioned above. "Note: Above idea is for study purpose only, please consult your financial advisor before taking any position"
Yesterday it has broken its major resistance level and currently trading its all time high. Stock would most probably touch 3650 level in coming days. "Above Idea is for Study Purpose only, please consult your financial advisor before taking any position"
Since it has broken its major resistance level, there is probability that stock would most probably touch its all time high. "Above Idea is for study purpose only, please consult your financial advisor before taking any position".
Yesterday the stock has closed above its crucial resistance level. There is probability that stock would touch 2600 price level. "Above Idea is for study purpose only, please consult your financial advisor before taking any position"
Since it has broken its major support, where it has been consolidating, It will fall more to given level "Above idea is for study purpose only, Please consult your Financial Advisor before taking any position".
Stock has broken its major resistance and technical Indicators also has bullish views at current price level. "Above Idea is for study purpose only, Please consult your financial advisor before taking any position."
Even though today's candle is forming red but still technical indicator has positive sentiment regarding this chart at this current price level and also trading at a good risk to reward ratio. "Note: Above Idea is for study purpose only, please consult your financial advisor before taking any position".
Since it has given a break-out and Technical Indicator Such as Fisher Transform and Parabolic SAR both have given a bearish signal regarding this stock. "Above Idea is for study purpose only, Please Consult your Financial Advisor before taking any position".
Most of the indicator has bearish view at this current price level, There is much more probability that stock price would come down to given target level. "Above Idea is for study purpose only, Please consult your financial advisor before taking any position."