varadtambolkar

BPCL - Reversal formation

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varadtambolkar 已更新   
NSE:BPCL   BHARAT PETROL CORP
BPCL has formed a inverse head & shoulder pattern.

Volumes dried and picked up, as the volumes picked up price didn't move much lower indicating demand.
Today price moved up on high volumes crossing highs last 4 sessions.
This increases chance of a good breakout in coming days.

SL 298-300

On other timeframes.

Weekly : Master/Mother candle


on 30 min Timeframe.
Narrow range just below consolidation

評論:
Gaining 1:1 wrt to 308 entry point.
交易結束:目標達成

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