vraj8597

BPCL -Bullish Price Action Analysis

Long
NSE:BPCL   BHARAT PETROL CORP
From Oct 2021 , BPCL has continuously made LH-LL in daily Time Frame.

Now Price has Approached pandemic level and also its demand zone comes from the higher TF such as Weekly & RSI is showing the Divergence.

A good buying opportunity arise if price sustains this demand zone (287-300).

Price has already dragged much from the top level so buying opportunity only comes to the picture.

If you have other opinion, please share your comment below and like & follow for upcoming great analysis.

Safe Trading ;)

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