Bullish on BPCL

BPCl is about to break the 480 trend line and looks Bullish, also the company is in good profits and is about to give a dividend of Rs 58/share. We can go for a buy now or once it crosses the 480 trend line and keep the stoploss somewhere below the trendline depending on your risk management. The first target is 510 and the next is close to 535. The target can be achieved in the next couple of weeks. Please verify with your analysis and think twice before investing. Happy Trading.
Chart PatternsTechnical IndicatorsTrend Analysis

면책사항