As you can see in this chart BPCL is moving in ascending triangle pattern in 2 h time frame & its is also moving in down channel in 15 mint time frame and it already broke the channel so we can enter around 430-434 range stop-loss will pe 427.75 and TGT can be around 454-456 or if bpcl will brek 428 then we can go short with the TGT od 401.
Trade closed: target reached
Note
as I mentioned in this chart BPCL was in ascending triangle pattern so know we can enter around 405-410 range buy-side stop-loss will be 398.75 TGT 437-450
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.