Stock of the day : Bharat Petroleum Corporation Ltd For Target Rs.655 - Religare Broking
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Bharat Petroleum Corporation Ltd.
* BPCL has been trading in a corrective phase after forming the record high levels of 688.
* It is currently trading near the upper neckline of the corrective pattern while holding above all its key moving averages.
* Following price action and volumes activity we believe price is set to register a breakout and surpass its previous swing high.
* Traders can consider fresh longs in the mentioned range.
Buy Bharat Petroleum Corporation Ltd. CMP 629.00 Range 628-630 SL 610; Target 655
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SEBI Registration number is INZ000174330
