AFTER Q4 RESULTS OF BPCL POSTING NEARLY 1300 CR LOSS AND BEING STRAIGHT UP BY 5 TRADING SESSION ITS TIME TO TAKE A BREAK NOW. TODAY WE HAVE SEEN THE BIG RED CANDLE ON DAILY CHART CONFIRMING BULL LL NEEDS TO CALM DOWN FOR NEXT 2 3 TRADING SESSIONS .
BPCL FACES STRONG RESISTANCE NEAR 399-405 LEVELS
THERE ARE CHANCES OF GOING BACK TO 390 LEVELS TOMORROW BUT
WHEN AGAIN ,IT COMES TO 380 LEVELS BE READY TO SHORT
SELL @377.5
TARGET 361
CONDITIONAL SELL
SL 390