BPCL - Double bottom on support, trendline breakout

Budget Pick 2: BPCL

Fundamentals : Decent, YOY Sales growth, decrease in Profits as high expenses due to crude price, DII stakes increased significantly. Healthy Dividends!

Technicals : Corrected, Formed double bottom at Strong Support in Wedge. 50 DMA crossing 200, Attractive RR!

R1: 360
R2: 400
R3: 460

SL: 285