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BHARAT PETROLEUM CORP LTDBHARAT PETROLEUM CORP LTDBHARAT PETROLEUM CORP LTD

BHARAT PETROLEUM CORP LTD

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BPCL trade ideas

BPCL INTRADAY FEB 25 2021 LONG FOR INTRADAYDear trader, If u look at the chart of BPCL (analysis based intraday only) the HDFC support 1 at 439 and support 2 at 435 and resistance at 455. Forming a triangle on weekly timeframe and its near the breakout level can give good move if breakout happens on good volume in coming days. In Intraday most important thing is to enter and exit points. Our signals are based on analytics, algorithms, mathematical derivatives. Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies. Kindly message us for strategies and analysis.
NSE:BPCLLong
by Tallastrading
BPCL INTRADAY FEB 24 2021 LONG FOR INTRADAYDear trader, If u look at the chart of BPCL (analysis based intraday only) the NIFTY support at 430 and and resistance at 445 The chart clearly indicates BPCL has come out of a triangle giving breakout on weekly chart ,you can also see the candle stick patters for more in depth analysis. In Intraday most important thing is to enter and exit points. Our signals are based on analytics, algorithms, mathematical derivatives. Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies. Kindly message us for strategies and analysis.
NSE:BPCLLong
by Tallastrading
BPCL - Bharat PetroleumBPCL's price action has been in the range of 360 to 410 for the past 4 months and it has made the level of 400 as strong support. The stock is expected to show an up move to the levels of 470+ in coming weeks subject to the fact that it breaks the supply zone of 428-434 which has been acting a strong resistance for the stock. Buy - CMP or ~411 (if it experiences any correction which is a least likely event) T1 (Immediate) - 430+ T2 - 470+ SL - 411 Triggers - Improved earnings reported in Q3 on YoY and QoQ basis. Increased sales of automobile sector will lead to more and more demand for fuel. Transportation services are expected to be normalised soon post COVID thereby increasing the sales. NOTE : These findings and levels are purely based upon the knowledge and understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as stock advice or recommendation.
NSE:BPCLLong
by mishraparimal09