Neutral on BPCL

2020年3月10日

BPCL can move either side.
Chart analysis shows it has broken the support zone and should head down towards 360 levels
But privatisation and fall in crude oil price can push the price up.
Due to coronavirus, the market is mostly based on the news rather than technical.
Upside target of 503

2020年3月13日

交易進行

Downside target reached
If Monday, 16th March, is positive for BPCL, then buy for the target of 500