BPCL : Booked profit of 15.15% on invested capital
Booked a profit of 15.15% on the invested capital on 15/11/2023.
The move happened sooner than I expected it to. So decided to book profit since there is a higher probability for a sell-off to happen anytime soon, from a technical viewpoint.
Fundamentally also, I don't see much positive sentiments, that may push price further from the current valuation in the near term. So decided to take the chips off the table.
The previous posts on this stock are attached along with. Do check them out.
The move happened sooner than I expected it to. So decided to book profit since there is a higher probability for a sell-off to happen anytime soon, from a technical viewpoint.
Fundamentally also, I don't see much positive sentiments, that may push price further from the current valuation in the near term. So decided to take the chips off the table.
The previous posts on this stock are attached along with. Do check them out.
