BPCL - Multiyear breakout
Trade setup:
nearly 7 year breakout (270 INR), and consolidated (around 330 INR levels), and another breakout and retest.
the slope of 50 EMA on weekly time frame supports the setup.
RSI > 50 indicates strength.
Buy price = around 330 - 340 INR. one can also enter the trade once the relative strength comes back to >0.
SL = 260 INR
target 1 = range of consolidation zone = 403 INR
target 2 = mid / long term = depth of round bottom = 500 INR
nearly 7 year breakout (270 INR), and consolidated (around 330 INR levels), and another breakout and retest.
the slope of 50 EMA on weekly time frame supports the setup.
RSI > 50 indicates strength.
Buy price = around 330 - 340 INR. one can also enter the trade once the relative strength comes back to >0.
SL = 260 INR
target 1 = range of consolidation zone = 403 INR
target 2 = mid / long term = depth of round bottom = 500 INR
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。