BPCL Long Call // Buy on dips

Call for Tuesday July 21st 2020 // This is a swing trade call and not an intra-day trade //


CMP / LTP: 437

IDEAL BUYING RANGE (If u don't want an aggressive trade, you can wait for a "possible" (not guaranteed)): 400 Around
One can also do a staggered buying (50% on LTP and balance 50% if the stock goes down further 2-3-5% range). This way the Risk Reward can be improved and profit can be maximized.

TARGET: 500-525+ (Min 15-20% & above) Trail the SL once this target is achieved. Suggested Exit is on 15% on CMP
STOP LOSS: 390-400 (11-12 % Max) around
DURATION: In 15-20 Trading Sessions Target should be achieved

Disclosure: I may or may not have a position in this trade. Please follow the Stop Losses strictly. All the recommendations are subject to market conditions. Please trade at your own risks. Join my Telegram channel for free trading and investment ideas // Visit


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