BPCL bullish trend continue

3월 27일

BPCL long term trend is looking bullish. Fibo between the golden retracement plus it has rejected & reversed the head & shoulder pattern along with macd crossover. Above the 100 200 EMA. Cant ignore this price action, 15% upside clearly visible in 4-6 weeks time.

Follow the below levels.
Target1 611
Target2 628
Target3 647
Target4 666
Target5 688
Target6 700

Fibo extension bonus levels predicted upto 750 levels

Day closing below 585 will give selling pressure. Otherwise bullish trend only.

Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.

DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.

3월 27일

노트

Forgot to mention this. Price recovered with W pattern below in 1hr timeframe.

3월 28일

노트

Good pre-open at 600

3월 28일

노트

day closing 600 is bullish only.

3월 29일

노트

Would wait for one more day closing above 611. It can shoot upto 630 very soon.

4월 1일

노트

If it breaks this triangle. Big targets will be open.

4월 1일

노트

Still holding 600 levels.

4월 16일

노트

Again bullish above 600

4월 18일

노트

4월 24일

노트

Again stuck under the pattern.

4월 26일

노트

5월 2일

노트

Trade going good.

5월 12일

노트

taking support at 600 levels. which is still bullish.

5월 27일

노트

Inverted H&S pattern. Target is big.

6월 3일

노트

Target4. 666 done.

6월 12일

노트

Above 612 it will be again ready for upmove swing.

6월 25일

노트

Due to split it's bit under pressure now. But soon it will be over.

7월 13일

매매 수동청산

I have to add new analysis now due to split the price has changed.