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Abhiism07
Nov 17, 2019 4:19 PM

BPCL - BOX Short

BHARAT PETROL CORPNSE

Description

BPCL consolidating in a range since a month. If it breaches 500 on a closing basis, expect start of a downtrend.

Trade active

Still trading in Box Zone. Tried breaching resistance line of 545, but failed.
No trade zone between 500-545. Direction is not clear unless it breaches in either direction.
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