ilmscore | Prediction Details
"second stock is BPCL again I'm I'm doing the analysis on a monthly time frame now if you see here this is back somewhere in 2017 18 that this stock had seen a resistance here number one touch point number two touch point and finally in 2024 it broke out of this zone we also saw a you know we always say this breakout retest this is the retest that you can see here and post that it has bounced monthly here you can see this is the latest month that we are in this is the month of August but again will be interesting to watch how does the month close"
By CA Rachana Phadke Ranade | August 9, 2024 | Pending
From video
Two Stocks at Multi Year Breakout? | CA Rachana Ranade 00:09:54 - 00:10:23
Interpreted Prediction
BPCL broke out of a resistance zone from 2017-18 in 2024, followed by a retest and bounce. The performance of the current month's closing candle is awaited for further confirmation.

Prediction Details

Ticker
BPCL

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