msvtrader

Which side is right side -Long or Short

msvtrader Updated   
NSE:BPCL   BHARAT PETROL CORP
BPCL has done an extraordinary move over the past 34 trading days and closing the week at the support level. Can be a potential short if it opens below 488 for downside target of 448/418. For longs, need to wait for the price to close above 538. I think that temporary top may be in.
Trade active:
Can short tomorrow if the price gets below 488 level indicated in the chart, with the stop loss at 497.

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