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Umang_Sharma

BPCL: Analysis

BHARAT PETROL CORP (NSE:BPCL)  
Umang_Sharma Atualizado   
NSE:BPCL   BHARAT PETROL CORP
Support and Resistance Triangle Multiple Time Frame Analysis dailytimeframe trianglebreak wedgebreakout neutralposition
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supportandresistance triangle mtfa dailytimeframe trianglebreak wedgebreakout neutralposition
Keep an eye on BPCL it is on its verge of breakout. As you can see their is a formation of triangular pattern which is consolidation for few days not level is shrinking to the verge of breakout.
Trade ativo:
Retracement Possible. Entered at the breakout level. Best entry level
Trade ativo:
Possible Retracement in progress.
Trade ativo:
Possible Parallel channel breakout as per levels mentioned in the above chart (Black range) in the upcoming few days. Keep an eye on this.
Trade fechado: stop atingido:
SL hit @ 405.25

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