Initiating positional Short trade in BPCL

BPCL cmp 409.8 initiating positional short trade in bpcl with target of 395 and lower,stoploss 318

all prices spot

Please do careful risk calculation before taking trade

All positional trade carry huge overnight risks due to news flow.

Not for small traders
Derivative trading is a high risk activity ,there is no guarantee of trade being profitable

Jun 04
Trade closed: target reached: target 295 on short trade achieved intraday -a govt decision to share burden of rising fuel price resulted in a selloff in bpcl stock making low of 393.05 .even if the exact bottom was difficult to catch a gain of 2% was possible on short trade .trade initiated approx 11.08 am closed at 12./GAIN OF APPROX 14 RS ON LOT SIZE OF 1800
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