BPCL price at supportthis is good buy zone as i see long tail after breakout.
still i will not touch we need good candle close above this zone.
BPCL
BPCL | LONG TRADEHey guys,
BPCL has a very good setup right now. It seems to be forming a bearish bat with the second impulse wave in the formation.
This trade has an RR Ratio of 6.82. So that pretty much is a very good number to give in.
Sell in the red region and buy back lower at the 0.382 retracement.
upmove supported by HUGE volumewe can see further upmove, next resistance 510. see chart on daily candle, you will see volume more clearly.
BPCL... The Euphoric Counter....The Daily study in the Chart says it all..
Trade the levels given as per ur risk apetiite...
Just painted the technical outlook BPCL..
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BPCL - ANOTHER long on Radarsustaining above 370 levels, stock may move towards 43 and 480 levels on the upside
View negates below 350 levels.
BPCL Expected Bull Run for 340 349 365 375 408 414 436 SL 289BPCL Expected Bull Run for
340 349 365 (Safe Players Exit)
375 408 (Moderate Risk Takers)
414 436 (Aggressive)
490 (Extended target for Uber Bull)
SL 289
BPCL - Short term trendClosed with good volumes & If sustain above 348 we can see good upside in short term.
However due to global market conditions, need to trade as per market trend.
Add to watch list
looking attractive for investment purpose. (for few months only)we are looking all time chart of BPCL.
BPCL | Trading in a ZoneAfter the price rallied upwards, the price consolidated into a zone where it gapped down to find the region acting as a resistance.
The longer-term support line being tested, the price is likely to go long and take roof on the zone's support at 341.
Long Position
Target 1: 334
Target 2: 341
SL: 318 (Careful at being stopped out!)
Thank you for reading, hope you have a good day
wait for the price confirmation we don't need to make prediction, wherever price will go we are behind the price and we will follow price action.
options buying strategyTRADE IS VALID ONLY IF IT CLOSES ABOVE THE PRESCRIBED LEVEL
Option buying trades should not run for a very long time
It should have that momentum move SO that the option price does not melts
I TAKE TRAININGS ON OPTIONS BUYING STRATEGY AND EXCLUSIVE INTRADAY STRATEGY
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