BPCL is trading around 323, showing signs of strength after breaking out from a falling trendline. The stock has been consolidating and is now retesting the important resistance zone of 325. Sustaining above this level could open the way for further upside towards higher resistance zones.
🔑 Key Levels:
✅ Support: 318 / 310
✅ Resistance: 325 / 334 / 342
✅ Trend: Recovering from downtrend, moving into consolidation-to-bullish phase
📈 The breakout from the downtrend line indicates reduced selling pressure and renewed buying interest. A strong close above 325 with volume confirmation could trigger momentum towards the next resistances.
⚠️ This analysis is for educational purpose only, not a buy recommendation.
🔑 Key Levels:
✅ Support: 318 / 310
✅ Resistance: 325 / 334 / 342
✅ Trend: Recovering from downtrend, moving into consolidation-to-bullish phase
📈 The breakout from the downtrend line indicates reduced selling pressure and renewed buying interest. A strong close above 325 with volume confirmation could trigger momentum towards the next resistances.
⚠️ This analysis is for educational purpose only, not a buy recommendation.
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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。