Dated : 22/12/2018


Bpcl :Cmp : 354


Short at 358


Target : 330


  • Stock may witness strong resistance at 382 levels, 3 tops plus RSI at overbought zone.
  • It seems to be a bull trap for the traders.
  • One can initiate shorts with the hedge of shorting JAN put of 350 at Premium of Rs 15/-.
  • Stop loss followed would be 370/-.




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