BPCL Bearish H&S

19 באפר׳ 2021

Bearish pattern in BPCL is forming. It's on the crucial support right now. It's taking support on 200 ema as well, so a breakout below 400 levels with volume can push this stock in bearish trend.

Note:
This is strictly for educational purposes, I'm still learning the concepts of the stock market. Do your own analysis before taking any positions.

20 באפר׳ 2021

הערה

Let it close before 400 (below 200 ema) then only it will come in bearish mode.

25 באפר׳ 2021

הערה

Looks like it has taken support on 200 ema and the marked resistance zone.

30 באפר׳ 2021

הערה

Took resistance on 50 ema and now trying to break 100 ema levels. I'm gonna wait for closing below 400 before shorting.

10 במאי 2021

הפקודה בוטלה

Didn't came below 400.