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Let's dive into the 3-hour candlestick chart for Bharat Gas (BG), a leading Indian gas and petroleum products company.
Here are some key insights based on the 3-hour chart:
Current Trend: Bharat Gas has been trading in a downtrend over the past few hours, with a slight pullback.
Resistance and Support: The stock has a strong resistance level at around ₹1,445-1,455 and support level at around ₹1,380-1,390.
Bollinger Bands: The Bollinger Bands are expanding, indicating increased volatility in the stock.