BPCL 1D TFNSE:BPCL has been playing near a support zone and has broken it and is moving downward. But now if we see a little bit into the past we can see a long wick which represents the power of sellers at that point. So going into this trade is little bit risky. If you want to trade this setup kindly use multiple confluences. Do share the confirmations you are looking to trade this setup in the comment section
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Market insights
BPCL 240 MINS MY VIEW The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
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Saanjayy KG
BPCL with high dividend yield wants to go higher. Bharat Petroleum Corp. Ltd. is a holding company, which engages in the business of refining of crude oil and marketing of petroleum products. It operates through the Downstream Petroleum and Exploration and Production (E&P) segment. The Downstream Petroleum segment includes the refining and marketing of petroleum products. The E&P segment focuses on hydrocarbons.
Bharat Petroleum Corp. CMP is 340.75. The positive aspects of the company are cheap Valuation (P.E. = 7.8), Company reducing Debt, Company with Zero Promoter Pledge, Dividend yield of the company at CMP is 6.2%. and Strong Annual EPS Growth. The Negative aspects of the company are Declining Net Cash Flow : Companies not able to generate net cash, Increasing Trend in Non-Core Income and Companies with growing costs YoY for long term projects.
Entry can be taken after closing above 347 Targets in the stock will be 355 and 363. The long-term target in the stock will be 375. Stop loss in the stock should be maintained at Closing below 320 or 293 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
BPCL - Long SetupBPCL has bullish harami setup and already 15m candle has sustained above the price - 337.95 for more than 10 seconds.
Targets are: 352.95, 367.95
Stoploss only when 15min candle closes below the price: 322.95
Disclaimer: This is for educational purpose only and not any financial advice
BPCL view for Intraday 30th September #BPCL BPCL view for Intraday 30th September #BPCL
Buying may witness above 370
Support area 365. Below ignoring buying momentum for intraday
Selling may witness below 364
Resistance area 370
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Parallel channelGood volume build up in daily and weekly time frame.
If price breakout of this parallel channel with significant volume then can give good opportunity.
I believe next sector rotation will be oil and gas sector............just my analysis.
Fundamentals are good.
NOTE: I do my analysis, do yours before trade.
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52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think.
BPCL Breakout Alert - Time to Ride the Bullish Momentum
Stock: Bharat Petroleum Corp Ltd. (BPCL) on Weekly Timeframe.
Current Price (CMP): ₹367.30
Breakout Zone: Clear breakout above the resistance level at ₹367.45.
Technical Pattern: Bullish ascending triangle indicating strength.
Action Point: Breakout confirmed, a potential buying opportunity.
Next Target: ₹380 and beyond, bullish continuation expected.
Support: Trendline support at around ₹330, offering a strong base.
Volume: Increasing volume confirming bullish breakout momentum.
BPCL - Multiyear breakoutTrade setup:
nearly 7 year breakout (270 INR), and consolidated (around 330 INR levels), and another breakout and retest.
the slope of 50 EMA on weekly time frame supports the setup.
RSI > 50 indicates strength.
Buy price = around 330 - 340 INR. one can also enter the trade once the relative strength comes back to >0.
SL = 260 INR
target 1 = range of consolidation zone = 403 INR
target 2 = mid / long term = depth of round bottom = 500 INR
Double Bottom Formation in BPCLBPCL currently is one of the best available value stocks in Indian Markets. The company has very healthy dividend yield as well. So, buying in cash market ensures the receipt of dividend as well.
Stock P/E - 3.98
Dividend Yield - 4.28 %
Sales Var 5Yrs % - 14.94%
ROCE 5Yr % - 15.59
Qualifies for a great stock to study at these levels in all the parameters.
Note: The studies shared are for educational purpose only. Do your own research before taking any monetary position.
BPCL S/R Support and Resistance Levels:
Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
@BPCL Swing/short Trade@BPCL
Buy Above @629
SL Below @533
Target @686 , @782.
If you want minimize risks After Entry put @SL at last Higher-Low(HL) or follow trend line as SL or Trailing-SL
Plz Note : This levels are only for Swing Trade & Disclaimer: All Information on this page is for educational purposes only , we are not SEBI Registered . Please consult a SEBI Registered financial advisor for your Financial matter before investing & taking any decision. We are not responsible for any profit/loss you made.
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BPCL: Gearing up fly high - Know Why!Daily Time Frame:
Key Points:
Breakout Confirmation: The stock has decisively moved past its 4 years long resistance, confirming the breakout.
Volume Surge: Accompanied by high trading volume, indicating strong market interest.
Target Potential: Eyeing a 50% upward move based on technical analysis.
Why This Matters:
Momentum: Breakouts like this often lead to sustained trends.
Opportunity: Ideal for traders looking for growth stocks with strong technical setups.
- Above 620 it will start to shoot and also EMAs have confirmed the bullish trend continuation.
- If you have liked my chart reading and analysis, don't forget to leave a comment and boost the post.
- Wish you all a profitable trading journey. Cheers!
Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing.
Thanks & Regards
BPCL is ready for a bullish break outBPCL has been trading with good volumes on the bourses in recent months.
The 52W H/L being INR 484.60 / 314.10
It is consistently trading above its long-term Moving Average for the past 3 months
There is a positive divergence on the oscillators
It is standing right at the resistance level on higher time frames
Resultantly, I believe that the target price should be INR 545-555
Stop Loss should be INR 457.00
Risk to Reward will be 1:3
The time horizon should be 9-12 months
39% Lying on the Table in BPCL chartsThe fundamental situation, BPCL is in, I can not see it not going ahead and achieving the 39% technical targets.
Disclaimer: I am holding since 355 and have targets of almost 100% from current levels, i.e. of around 1150.
Trade/ make financial commitments at your own risk. This is to spread awareness and not intended as a buy/sell call. Always, do your own research and/or seek expert financial help.






















