BPCL...HIGH RISK TRADE Long

BHARAT PETROL CORPNSE

Description

⋅ Jun 27, 2017 3:00 PM

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

Trade active

⋅ Jun 28, 2017 2:52 PM

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

Trade active

⋅ Jul 1, 2017 1:12 PM

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

Trade closed: target reached

⋅ Jul 4, 2017 4:41 AM

TARGET 2 REACHED...CALL CLOSED.

Comment

⋅ Jul 5, 2017 4:36 PM

TOTAL POINTS GAINED : 54