BHARAT PETROLEUM CORP LTD
Short
Updated

BPCL - Short

174
BPCL has rallied with not much volume and this looks more like a short covering. Right now it is near Harmonic PRZ and also at its historical resistance. It is expected to correct from the marked zone. Risk reward is also looking in favor.

CMP - 453.7
Entry - 456.5
Target 1 - 443.15
Target 2 - 434.9
Target 3 - 428.25
Stop Loss - 464.65

This is only for educational purpose and please consult your financial advisor before making any investment.
Trade closed manually
First Target Reached. Position closed.

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