BPCL - Daily Analysis
Bearish Butterfly + Supply zone CMP 390
Shorting Level 404-425 SL 435 ( positional Call)
Can hedge selling 380 PE if don't want to use SL
Targets - 383-370-360-345+
Small Players l can buy 400 PE CMP 17 Buy near to 9-11 rs range keep SL 5 Target 15-18-20-24-30-35+
Bearish Butterfly + Supply zone CMP 390
Shorting Level 404-425 SL 435 ( positional Call)
Can hedge selling 380 PE if don't want to use SL
Targets - 383-370-360-345+
Small Players l can buy 400 PE CMP 17 Buy near to 9-11 rs range keep SL 5 Target 15-18-20-24-30-35+
Comment:
BPCL Update 408 to 362.15 low made 40 rs+down BPCL
Comment:
3rd Target hit 353.6 low made from 404
Comment:
BPCL 349 low from 404 near to 4th Target