H&S formation happening in BPCL with rising RS curve
It seems a head & shoulder formation is happening in BPCL counter. Currently right shoulder is under formation & volumes have squeezed out.
Confirmation only when it gives a breakout above neck-line with huge volumes with positive RS.
Confirmation only when it gives a breakout above neck-line with huge volumes with positive RS.
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SL can be trailed to 355 or can book partial profit