MTECHTIPS:-BPCL:- BPCL and closed below 1 week low with volume signals down breakoutCurrently BPCL is in SELL position The share is in downtrend For short term buy only if close above 492.0 The BPCL is now trading in highly oversold level. The oscillator is showing BUY signal .The short term sell signal is supported by 75 % indicators.
Intraday trend-Sell if open below 460.8 or sell below 453.2 with stop loss at 477.8 Buy if open above 477.8 or buy above 485.3 with stop loss at 460.8 The intraday signal is SELL and it is supported by 75 % indicators.