BPCL had an event today, where the dividend was issued. The dividend was 58 per share.
However, the stock price fell so much as 10% in a single day, and that too in pre-market minutes.
There will be a long unwinding as a consequence. If the price manages to stay below 445, it could come down to the demand zone which is also a PRZ of XABCD bearish shark pattern.
The levels are mentioned on the chart.
If the price rises past the 481 level, then the previous idea which I had published may work.
Happy trading :)
This is just for educational purposes.
However, the stock price fell so much as 10% in a single day, and that too in pre-market minutes.
There will be a long unwinding as a consequence. If the price manages to stay below 445, it could come down to the demand zone which is also a PRZ of XABCD bearish shark pattern.
The levels are mentioned on the chart.
If the price rises past the 481 level, then the previous idea which I had published may work.
Happy trading :)
This is just for educational purposes.
Dagangan aktif
going successfully, keep trailing
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.