mayanksardana

BPCL Head & Shoulder pattern

Short
mayanksardana Updated   
NSE:BPCL   BHARAT PETROL CORP
BPCL has made H&S pattern in short term chart.
Head and Shoulder is not so much valid in short term charts tough it may work for short term trading like intraday or 1-2 days holding.
Aggressive trades Sell below 357
Save Trades Sell below 355
SL-370 at initial stage then trail to recent highs.
T-1 = 348
T-2 = 338
Comment:
Not net active, Though trade is still valid
Trade active

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