This is the analysis of Bharat Petroleum Corporation Ltd. (BPCL).
The company has solid fundamentals, and even on charts we can see amazing move recently.
I am anticipating a correction move in the stock in coming times.
Here are the details of the analysis-
Accumulation Zone- 570- 588
Stoploss- 558
Targets- 636, 680
Duration- 2-3 months.
The risk to reward is between 1:2 to 1:3 which is the perfect setup for any trade.
Let me know what you think.
The company has solid fundamentals, and even on charts we can see amazing move recently.
I am anticipating a correction move in the stock in coming times.
Here are the details of the analysis-
Accumulation Zone- 570- 588
Stoploss- 558
Targets- 636, 680
Duration- 2-3 months.
The risk to reward is between 1:2 to 1:3 which is the perfect setup for any trade.
Let me know what you think.