BPCL: At resistance

20 เม.ย. 2020

BPCL

In our previous coverage on BPCL when the price was at 272 we had given a view that chart set up suggests upside movement towards 306 / 332

At current levels the stock has resistance at 366 / 385 odd levels

One may consider selling BPCL 380 Call option

between 10-12


The strategy has in built protection against loss for a rise up to 390-392 in Cash market price

Take care & safe trading...!!!

23 เม.ย. 2020

บันทึก

BPCL strategy update

Suggested selling 380 call between 10-12 on 20 April (price was 11.10 when recommended)
CMP 5.25
Generating Profit of Rs 10530/- so far

Consider booking profits as per risk appetite

Happy trading!1!!