18th February 2021 – Flag – BPCL

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Date and Arrival Time: 2021-02-18 10:00

Symbol Name:  BPCL

Pattern and Direction:  Bullish – Flag

Pattern Completion Price: 419.50, Pattern Ideal Completion Price: 409.15

A Bullish Flag Break has arrived at 10:00 am.

This is a pattern with a formation span of  15 days  starting from the 2021-01-28 09:30 – 2021-02-18 10:00.

There is a potential Buy opportunity at 419.50. A safe stop-loss for this Flag can be kept at 401.80 as per the pattern. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .


UPDATE: 26th Feb – Success!

Let’s take a look at how this pattern’s results unfolded:

PatternSurfer - India