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VEDL for 23 Oct 2020

BPCL, VEDL, Reliance for 23 oct 2020

Three stocks for today. BPCL, VEDL and RELIANCE. BPCL is moving in a bullish channel. Yesterday it opened with a huge gap up and then it again entered into the channel. Buying is seen at the channel support trend lines. Buy trade will have a good chance of profitability with support or stop loss of 345. The target can be 355/360 for intraday if stayed within the channel. Reliance seems to be making Higher Lows in 15 Mins Time frame. While it is moving in the downwards channel, it will be a good opportunity to short at the upper trend […]