As you can see BPCL is now trading in a critical support zone. You can take entry between 355-360 As stock has been corrected there is good probablity and opportunity which has been arise
Technical indicators
1. MACD CROSSOVER - daily and monthly are positive 2. RSI is gainig momentum 3. 200DMA support at -355 4. HEIKEIN ASHI bullish signal(daily)
STOP LOSS around 330
For first 2 targets expected time can be said to be min 1 MONTH For the third one expected holding can be predicted to be minimum of 3 -6MONTHS
Comment
BPCL TRADING AROUND ALL TIME HIGH @480🔥🔥 WILL IT CREATE NEW RECORD ???
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.