BPCL 1H AND 4H TREND ANALYSIS

LEVELS MENTIONED IN CHART.
GOOD R:R RATIO
1.BREAKOUT ABOVE TRENDLINE
2.CLEAR UPTREND IN FORMATION.
3.ENTRY,TARGET AND SL BASED IN FIBONACCI LEVELS.

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T1 HIT
TRAIL SL AT T1

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T2 ACHIEVED.

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THREE WHITE SOLDIERS FORMATION SHOWS BULL ARE STILL STRONG. PRICE MAY HIT 375 LEVELS. RISK TAKERS CAN LOOK FOR CONFIRMATION ON NEXT DAY AND THEN CLOSE TRADE ACCORDINGLY.

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TRAIL SL AT T2

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CLOSE TRADE AT 366. NO NEED TO TAKE RISK AS GOT GOOD RETURNS.