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KVY
Nov 25, 2019 1:01 PM

Potential H&S Pattern in BPCL Short

BHARAT PETROL CORPNSE

Description

Short below 500 until the gaps are filled at 472

Please note that the view is from a learner.

Trade active

Sell on Rise until 472 is reached. Wait for pull back to the H&S trendline for fresh short.

Order cancelled

Broken the trendline, short is no longer valid

Comment

Keep close watch for price to pull back from 510 to 505 and enter long with 6 point stop loss and target T1 = 20 point (525) and T2 = 29 point (534).
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