BPCL...HIGH RISK TRADE

Jun 27, 2017

BPCL SAW A CONTINUOUS FALL, TODAY FINALLY IT BOUNCED FROM ITS LONG TERM SUPPORT. EVEN VOLUMES SUPPORTED THE MOVE. SO I BELIEVE A TECHNICAL BOUNCE IS ON THE CARDS AND WE CAN EXPECT AT LEAST 38% RETRACE, ALL THE TECHNICAL INDICATORS ARE OVERSOLD.

TRADE DETAILS
STRICT STOPLOSS OF 598
1ST TARGET 23% RETRACE
2ND TARGET 38% RETRACE.

GUYS ITS A HIGH RISK TRADE

Jun 28, 2017

Trade active

A GOOD SHOW BY BPCL TODAY, THE MOVE CONFIRMS THE SHORT TERM EXPECTED UPRISE. HOLD ON TO THE TRADE.

Jul 1, 2017

Trade active

target 1 reached, offload half the position trail the rest with 620 sl

Jul 4, 2017

Trade closed: target reached

TARGET 2 REACHED...CALL CLOSED.

Jul 5, 2017

Note

TOTAL POINTS GAINED : 54