BPCL: Preempting a Rounding Bottom Breakout!

2 באפר׳

🚀 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.

24 באפר׳

עסקה סגורה: היעד הושג