🚀 BPCL: Preempting a Rounding Bottom Breakout! 🚀
📉 CMP: ₹286.8
🔒 Stop Loss: ₹271
🎯 Targets: ₹298 | ₹307 | ₹318
Why BPCL Looks Interesting?
✅ Technical Setup: Forming a rounding bottom with ₹290 as a key resistance-turned-support level
✅ Strength Amid Volatility: Despite tariff fluctuations and market swings, BPCL has held firm, signaling a potential reversal
✅ Breakout Potential: A sustained move above ₹290 could confirm the bullish structure
💡 Strategy & Risk Management:
🔒 Stop Loss: ₹271 to protect downside risk
📈 Staggered Entry: Phased accumulation to manage volatility effectively
⚠️ Caution: The market has seen strong moves—position sizing should be managed carefully.
💬 Do you see energy stocks leading the next market move? Drop your thoughts below!
#BPCL #BreakoutTrading #TechnicalAnalysis #StockMarket #SwingTrading
📉 Disclaimer: Not SEBI-registered. Conduct independent research or consult a professional before investing.
📉 CMP: ₹286.8
🔒 Stop Loss: ₹271
🎯 Targets: ₹298 | ₹307 | ₹318
Why BPCL Looks Interesting?
✅ Technical Setup: Forming a rounding bottom with ₹290 as a key resistance-turned-support level
✅ Strength Amid Volatility: Despite tariff fluctuations and market swings, BPCL has held firm, signaling a potential reversal
✅ Breakout Potential: A sustained move above ₹290 could confirm the bullish structure
💡 Strategy & Risk Management:
🔒 Stop Loss: ₹271 to protect downside risk
📈 Staggered Entry: Phased accumulation to manage volatility effectively
⚠️ Caution: The market has seen strong moves—position sizing should be managed carefully.
💬 Do you see energy stocks leading the next market move? Drop your thoughts below!
#BPCL #BreakoutTrading #TechnicalAnalysis #StockMarket #SwingTrading
📉 Disclaimer: Not SEBI-registered. Conduct independent research or consult a professional before investing.
Trade geschlossen: Ziel wurde erreicht
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.