NSE:BPCL short at 402.20 with SL at 405.05 and TP 396.50
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
NSE:BPCL possible shorting opportunity at 358.85 with SL at 360.25
Two targets 356.10 (2:1) & 354.70 (3:1)
Please Consult Your Financial Advisor Before Taking Any Decision
Note: Always risk 1% of the account per trade and adjust position size according to 1% risk.
BPCL breaks down after a period of consolidation. Apparently, price action is showing a Bear Flag pattern, which will be confirmed if the running candle closes below 376.40. Target of the pattern comes in at 334 levels.