Published on 7/12/2018 9:04:25 AM | Source: Religare Securities Ltd
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Bharat Petroleum Corporation Ltd
BPCL has been struggling around the resistance hurdle of moving averages for past three weeks on daily chart and now trading on the verge of fresh breakdown. We advise traders to initiate fresh shorts position through Put option.
Recommendation
Buy Bharat Petroleum Corporation Ltd 320 PE @ 10-12 Stoploss 8 Target 20 CMP 12.50
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