BPCL : As per the analysis drawn, it seems that the short is triggered and that the bullish strength should now start to wane.
This should lead to a move towards the sell side, which will eventually come into play.
The short-term trend seems to be in favour of the bears and a sell around 340-342 with a stop loss near 347 looks like a good idea for a potential sell side target around 330-327. The market has been volatile lately and this trade setup should be watched closely.
This analysis is only for the educational purpose and should not be considered as a recommendation. There are many different factors to consider when making investment decisions, and this post does not take into account all of those factors. This post is not intended to be investment advice, and you should always consult with a financial advisor before making any investment decisions.
This should lead to a move towards the sell side, which will eventually come into play.
The short-term trend seems to be in favour of the bears and a sell around 340-342 with a stop loss near 347 looks like a good idea for a potential sell side target around 330-327. The market has been volatile lately and this trade setup should be watched closely.
This analysis is only for the educational purpose and should not be considered as a recommendation. There are many different factors to consider when making investment decisions, and this post does not take into account all of those factors. This post is not intended to be investment advice, and you should always consult with a financial advisor before making any investment decisions.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。