BPCL -
Daily Time Frame (DTF)
Volatility is getting compressed and new insider candle developed ( yellow triangle ) and price crossed above it . RSI(7) @ 63 and above RSI -EMA - showing bullish .
Weekly TF
Volatility is getting compressed and new insider candle developed ( yellow triangle ) . RSI(7) above RSI -EMA - showing bullish . Also Bullish indicator activated (Green triangle).
If geopolitical conditions supporting , it looks overall a nice buildup.
Cautionary note: Support / resistance levels may vary based on market conditions .so this is not a recommendation to buy or sell, but rather a signal to watch the stock for future trading opportunities.
It's essential to monitor the stock in the coming days to see if the price action fits your entry criteria and aligns with your strategy.
disclaimer :This is not a buy sell recommendation - only for study purpose .
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.