Three stocks for today’s trade are Reliance, Bhartiartl and BPCL.
BhartiArtl is compressing a little while staying in an upward moving channel. Yesterday it breaks the high of previous date and ended with flat closing.
The upward momentum seems to be intact and the possibility of positive closing can be seen today.
BPCL was predicted yesterday and it gave a positive break out but due to market it couldn’t sustain and SL was hit.
It seems to be forming a triangle again and would move with the market.
Reliance gave a steep downward move yesterday and it gave higher lows in the closing session of the market. Breaking the same will give a more downward motion until any positive pattern in candles can be seen.
2000 is a psychological price which could reach.