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sidkris
Apr 10, 2017 5:06 AM

LONG BPCL CALLS Long

BHARAT PETROL CORPNSE

Description

I see further upside in BPCL, with immediate resistance at 725.The best way to play this would be to be long slightly OTM call options. Given the sort of move we have seen over the last 2 trading sessions, and the overall trend prior to that, it does appear that the probability of it breaking through 725 are pretty good.
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