BPCL - Short

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.