shiv2798

BPCL Change in the Power

shiv2798 Updated   
NSE:BPCL   BHARAT PETROL CORP
1
Even it is mid of week , I am considering the Change in the Power form Bulls to bear is taking place
The stock is in all time high , it was quite expected and same is visible in Weekly chart
once the completion of week candle and finding the signal of downward trend , Bears can look for smart income on daily basis
Regards
Comment:
Surprising the transition of power form buyers to seller did not take place in this week , if the stock continue to show higher price movement then we can expect another Push up to 815 is possible
Regards
Trade active:
The price was temporarily Pushed by Hedge Funds , Now its very Clear the stock is going to Go down for a while in coming week
Regards
Trade closed manually:
I am not looking sell this stock any more as i feel its not safe to take sell trade
Regards
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