Expectations of a strong move in BPCL

We can see a breakout in the trendline of BPCL, which acted as a resistance at multiple levels. This breakout is followed by the crossing of the stock price above 200 EMA and a retest. The stock price has shown us a buy signal with the help of a strong green candle formation. We can expect the stock price to move to 379.45 as it will act as strong resistance in future.