#BPCL trading 332 formed bullish pattern, Today trading our retracement level, we can buy above 336.5 and tgt 345 SL: LIVE
BPCL is trading around its resistance. Here, it gives a good Risk/Reward ratio for trading. Short Sell BPCL@market 456-57 with SL 460 targets open. If SL triggers, then, wait and buy only above 468 and keep SL as the chart suggest at that time. Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on...
Short BPCL@market(483-85) SL 487. Target open. Exit before market Close Today.
We can see a Bullish Engulfing candle on the daily charts which is a strong buy signal. Whoever wants to go long can go long at current levels. LTP is 419.65
BPCL has been coiling in a range since last Sep. A breakout is now visible, recent lows can be a stop level