Stock of the day : Bharat Petroleum Ltd For Target Rs. 334 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Bharat Petroleum Ltd.
* We are seeing a renewed buying interest among the oil marketing companies and BPCL is leading from the front.
* The stock has been consolidating for over a month above its medium term moving average. Today’s price action suggest the stock to breakout of this range and soar higher.
* It has registered a breakout from double bottom pattern on intraday chart, aiding the positive bias.
* Traders can consider fresh longs in the mentioned range.
Buy Bharat Petroleum Ltd CMP 315.95 Range 314-316 SL 306 Target 334
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
.jpg)
