BPCL Bearish H&S
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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.
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.
Note
Let it close before 400 (below 200 ema) then only it will come in bearish mode.Note
Looks like it has taken support on 200 ema and the marked resistance zone.Note
Took resistance on 50 ema and now trying to break 100 ema levels. I'm gonna wait for closing below 400 before shorting.Ordre annulé
Didn't came below 400.
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