BPCL - Low crude play
There was a time when crude went up..the govt pushed oil marketing companies to make losses and sell fuel..
Now that crude is falling but until now fuel prices have not fallen as much mean these companies are making up for the losses they made earlier.
So these companies will make up for their losses..
Long above 339 and then double up above 343. stoploss below 335.
Now that crude is falling but until now fuel prices have not fallen as much mean these companies are making up for the losses they made earlier.
So these companies will make up for their losses..
Long above 339 and then double up above 343. stoploss below 335.
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