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BHARAT PETROLEUM CORP LTD

BPCL 1D TF

Oleh Joassh
BPCL has been playing near a support zone and has broken it and is moving downward. But now if we see a little bit into the past we can see a long wick which represents the power of sellers at that point. So going into this trade is little bit risky. If you want to trade this setup kindly use multiple confluences. Do share the confirmations you are looking to trade this setup in the comment section

Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
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Joassh

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