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BHARAT PETROLEUM CORPORATION LBHARAT PETROLEUM CORPORATION LBHARAT PETROLEUM CORPORATION L

BHARAT PETROLEUM CORPORATION L

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BPCL trade ideas

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!
NSE:BPCLLong
by AxionAjay
1