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jayaprakash99

BPCL - A Breakout or A Fakeout

Panjang
BHARAT PETROL CORP (NSE:BPCL)  
jayaprakash99  
NSE:BPCL   BHARAT PETROL CORP
Support and Resistance Supply and Demand Parallel Channel Descending Channel BPCL nifty50
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supportandresistance supplyanddemand parallelchannel descendingchannel bpcl nifty50
BPCL has been trading in Descending channel for a few months. Today, the stock has closed above the resisting line of the channel, with a good amount of volume. Looks like it will reach 400 levels in the near term.

Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.

Happy Trading
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