BPCL has broken the Long Term TL and has also retested it and the support zone near 464-469. A bullish confirmation daily candle is required to go long. The RSI is also in an oversold position.
The Short Term Hourly chart shows that it is in a Falling Wedge Pattern. So a break above would be a good time to enter the stock for a Medium Term Target of 536.
The Short Term Hourly chart shows that it is in a Falling Wedge Pattern. So a break above would be a good time to enter the stock for a Medium Term Target of 536.