BPCL has retraced 38.2% of its upward rally in Day chart, now from here either it can go towards Rs. 371 (0.5% retracement), or pull back to 23.6% of Rs. 391.
Look for buying opportunities above 386, with target of 390,394
If it goes down, then look for short opportunities below 380, with target of 376, 374
Look for buying opportunities above 386, with target of 390,394
If it goes down, then look for short opportunities below 380, with target of 376, 374