vanathi

BPCL - May 31 Day Trade!

vanathi Mod Updated   
NSE:BPCL   BHARAT PETROL CORP
25
I have found a new pattern known as "Hut Pattern". You can see a man standing outside the hut. Our quest on May 31st is to find out where the man is going. Whether he is going towards the Sun or towards the fallen apple. Buy above 742 with the stoploss of 737. Targets are 748, 753,757 and 760. Sell below 737 with the stoploss of 741. Targets are 733, 728 and 722. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 31, 2017 only.

Note : I have already found two patterns. 1. Boomerang 2. Pencil. "Hut" is 3rd one.
Trade active:
Long
Comment:
Target 1 reached.
Trade closed: target reached:
Closed on 1st target

Roles I play here : Author, Analyst & Moderator.

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