Professional and smart money investors whatever you called them such as Speculators, Arbitrageurs, Fund managers, insiders, etc. are already entered near the wave (4). Focus on their profit booking for short this stock.
Logically, best short price 466 nearby for maintaining good risk and reward as a protective stop above 474 above. Thinking about everything is exactly what target is targeted 438 and 400 below.
Trade active
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Selling BPCL future oct. 482-486 and stoploss 490 above and targets 462-432
@Kinnari_Prajapati pls mention here that your chart is published on Moneymunch.
@mklives as per her she has given this research to Moneymunch.. what do u think or say....
mklives
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@atrehan, haha.. she gave to money munch? why will a someone running a website of analysis take her chart unless she runs it..
check when they publish it and when she does it on here..
atrehan
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@mklives, as per their site, they pay for research given to them. But ur statement carries weight. Better @Kinnari_Prajapati teel the truth in this discussion here..