manojsaraogi

BPCL can be shorted if price retrace to 400

NSE:BPCL   BHARAT PETROL CORP
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Every week it is coming around 400 but not able to break it.. lets see next week what happens.. happy investing :-)
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manojsaraogi rbhawsar27
@rbhawsar27, No one knows what is going to happen... Its all prediction... let market decide hether my analysis is wrong or right... if i am wrong i will further try to improve my analysis...
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shorting a lready beaten stock , what would be my risk rewartd sir!?
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manojsaraogi pratik2358
@pratik2358, you can keep sl around 420 and calculate your RR...
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pratik2358 manojsaraogi
@manojsaraogi, now , ypou should look @ risk reward , not an ego kind a thing bro , but just wanted to inform , dont just do things for sake of doing , its sometimes better not to trade !!!
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manojsaraogi pratik2358
@pratik2358, if you dont know bro how to calculate RR then you should learn that instead of simply commenting. Anyways let me help you with that also
RR = (400-250)/(420-400)
= 150/20 = 7.5.
what else you want RR of 100?
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pratik2358 manojsaraogi
@manojsaraogi, lol , congratulations ... i am a new comer just 3 years ... i dont knpow anything ,
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manojsaraogi pratik2358
@pratik2358, does nt mtr to me whether you are a new comer or not... i shared my view its on you to take it or leave it... and in markets there is no high and no low... just ride the trend till it bends...
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pratik2358 manojsaraogi
@manojsaraogi, ok had u traded ?! how many lots , ? because i take the trades i post
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manojsaraogi pratik2358
@pratik2358, did price came to 400 levels?
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