BPCL- Strong breakout!!-Intraday Analysis for 27th May 2024

Check out swing analysis for overall view pinned below.

Now price reacted at 0.5 Fibonacci level & strong keylevel in upward range trend. If buyers not allowed to create one more higher low then strong movement expected with big breakout.
Price is following the upward channel

Buy Above:657
T1:666
T2: 674
Swing traders can hold for more time

Direct Gapup entry should be avoided
Get confirmation from any of the leading indicators before entering trade


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