BHARAT PETROLEUM CORP LTDPembelian
BPCL on the Brink: Potential for Massive Move
Key Points
1. Looking at the monthly time frame, the stock was in range-bound facing multiple rejections from the same level. It finally broke out in 2024 with a huge volume spurt.
2. The breakout candle forms a mother bar resulting in a mini coil setup. The detailed version can be seen in the daily time frame provided below.
3. In the daily time frame as well, the stock seems to be in a range consolidating with good volume buildup. A break above the resistance can result in a good up move. 🚀🚀
1. Looking at the monthly time frame, the stock was in range-bound facing multiple rejections from the same level. It finally broke out in 2024 with a huge volume spurt.
2. The breakout candle forms a mother bar resulting in a mini coil setup. The detailed version can be seen in the daily time frame provided below.
3. In the daily time frame as well, the stock seems to be in a range consolidating with good volume buildup. A break above the resistance can result in a good up move. 🚀🚀
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.