I prefer following a 3-hour time frame to understand the larger trend of the stock.
BPCL has completed its wave 2 and its preparing for wave 3 already. Price conformation over 410.
Long term trendline breakout at 410 and its currently respecting its fibbo levels.
Price targets are around 521-540 next move :) The trendline needs to be respected for this view to be valid, any close below the current trendline will negate the view.
BPCL has completed its wave 2 and its preparing for wave 3 already. Price conformation over 410.
Long term trendline breakout at 410 and its currently respecting its fibbo levels.
Price targets are around 521-540 next move :) The trendline needs to be respected for this view to be valid, any close below the current trendline will negate the view.