July 6, 2015

BPCL multiple time frame charts

- oil stocks are looking good
- most stocks are at lifetime highs
- any stock at lifetime high is always a good buy with appropriate SL
- years of no gains is now leading to a super rally

Daily charts: SL 800



Weekly charts: support 800-700


Monthly charts: 400 to 900 in a year


Kamalesh P Langote
Research Analyst

Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (RESEARCH ANALYSTS) REGULATIONS, 2014:
  • Unless specified, I have no investment in this stock.
  • I /my family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending
  • I /my family have not received any compensation from the company where I am recommending a trade or investment.
  • I have not served as an officer, director or employee of company and have not been engaged in market-making activity of the company covered in the research report.
  • I have no material conflict in recommendations posted here

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