If the market doesn't show much strength, this can be a good short.
Short BPCL with a target of 452 if it breaks below 462
NSE:BPCL short at 402.20 with SL at 405.05 and TP 396.50 Note: Consult your registered adviser before taking any decision. Always risk 1% of account size per trade, adjust the position size accordingly.
PAIR TRADE IN IOC-VS-BPCL BUY IOC FUT @125.5 QTY:1 LOT BUY IOC CASH @126.45 QTY:1115 SHORT BPCL FUT @345 LOT:1 WAIT FOR EXIT SIGNAL
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.
Sell below 369.2 stop 370.5 target 367 - Intraday setup
BPCL (Bharat Petroleum Corp Ltd) BUY ABOVE 340
STBT IN BPCL SEPT FUT SEPTEMBER FUTURES SHORT@370 STOP@375 TARGET@360 LOT:1800 QTY:1