Buy Bharat Petroleum Corporation Ltd For Target Rs.405 - Religare Broking
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Derivative Ideas
BPCL gained 2.27% and closed at 394.7 on 5th Jan. We are seeing a noticeable buying in the Oil & Gas Sector and our pick from this sector is BPCL. The Scrip gave a trendline breakout at 380 levels and is poised to test its Resistance at 410-415 zone. We recommend to go Long in BPCL.
Strategy:- BUY BPCL @ 389-391, SLOSS AT 384, TRGT 405.
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