โฝ BPCL | A DECADE OF PRICE STAGNATION โ THE NEXT MAJOR CYCLE?
After nearly 10 years of limited price appreciation, my long-term monthly channel study indicates a potential 5.9ร price scenario from โน240 to โน1,422.
๐๏ธ COMPANY PROFILE | BHARAT PETROLEUM
๐ฎ๐ณ Maharatna PSU | Government-controlled enterprise
๐ญ Core Business: Petroleum refining, fuel marketing, LPG distribution and aviation fuel.
โ๏ธ Refining: Mumbai, Kochi & Bina | ~35.3 MMTPA capacity.
โฝ Distribution: Extensive nationwide fuel retail and Bharatgas networks.
๐ Global Exposure: Upstream oil & gas exploration through BPRL.
๐ฑ Energy Transition: Biofuels, green hydrogen and renewable energy investments.
๐ MY LONG-TERM TECHNICAL OBSERVATION
Historical consolidation, repeated corrections and a multidecade ascending channel suggest a possible structural repricing scenario extending toward 2031.
โน240 โ โน1,422 | Potential +493%
โ ๏ธ Technical projection, not fundamental fair value. Actual outcomes depend on earnings, crude prices, refining margins, government policy and market conditions.
Independent market research and technical observations only. Not SEBI-registered. Not investment advice or a buy/sell recommendation.
โ๏ธ@AlgoBoffin
@microcp2mltibgr Does your 2018-19 comparison suggest mainly small-cap risk, or a large Nifty 50 fall too? What supports the link between them, and which index is your 27% decline figure based on?
@manurishiguptha Does your mean reversion argument apply to Nifty 50 too, or mainly to mid- and small-cap stocks? Over what time frame, and what evidence would make you change your view?
@anuragsingh_as Does your concern about mid- and small-cap valuations also apply to Nifty 50? What supports that link, and what is the source for the 75% retail money figure?
@AlgoBoffin Sir, I follow your analysis. Your Aug 2025 post expected Nifty below 12,000 within 12 months. With that time frame now over, how have you updated the view? What evidence would make you change it?
Crude Oil looks bullish on the surface, but a major correction could be loading! โ ๏ธ
WTI may target $86โ82 after a possible short-term bounce.
$106.70 is the key level to watch.
Will crude surprise the bulls? ๐
#CrudeOil#WTI#ElliottWave#TradingView#Commodities
Yaar kya dekhun main isme pehele 5 lakh aur ghatakar 3 lakh kar diya aur ab 10 teams hi edit ho payengi subscription kyon nhi lekar aate ho tum log kabhi bhi survive nhi kar paoge agar eese prize money doge bina subscription model ke dhyaan rakhna @dream11@harshjain85