Nimish_Ghagare

Swing Opportunity in BPCL

做多
Nimish_Ghagare 已更新   
NSE:BPCL   BHARAT PETROL CORP
Go Long above 424.4 for Targets of 436.75, 449.1, 461.45, 473.8, and 486.15 with SL 412.05

Reasons to go Long :

1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.

2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level.

3. A bullish candlestick pattern ( Bullish Harami) marked with the orange color is formed around 0.5 Fibonacci level.

4. Also there is a strong support zone (marked with purple color), from which the stock is taking support and moving up.

5. There is a gap that might get filled.

6. The stock may go up to the trendline where it may face resistance and our final target is well below the resistance trendline.
交易开始:
Entry Triggered on 28 Sep 2021
交易结束:到达止损:
Target 1 achieved on 29 Sep 2021
交易结束:到达目标:
Target 2 achieved on 06 Oct 2021.
交易结束:到达目标:
Target 3 achieved on 14 Oct 2021.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。