EfficientInvesting

INTRADAY LONG ON BPCL

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NSE:BPCL   BHARAT PETROL CORP

The stock is fundamentally strong with earnings above expectation for the Q4 2022 and an optimistic Q1 2023.

There is increase in the GRM Inventories.

The entry is in conformance with a RBR Strategy.

Trade Risk is 330(Stop Loss)

The TP are at 350,360,370

The Crude Oil Chart seems to have a contra-trend set-up which adds wings to USOIL this trade-strategy


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