TradingView
mindzap
Mar 3, 2017 9:18 AM

Bounce for BPCL Long

BHARAT PETROL CORPNSE

Description

After the recent news flow there was a sell off in this counter. However, that was a sector wise sell off. The open interest data suggest that majority in the market are positive on this counter and here is the snapshot - screencast.com/t/584k8kY8Xhz. Expecting the reversal to hold and go back to the previous highs.

Immediate target 700 and stop at 600

Trade closed: stop reached

Exited early, wrong pick
More