Looks like bad scene BPCL. Im out of it. Making lower lows...Will break 370 and then go down to 350/340 levels. Will be a good sell at around 380 and wait till it breaks.
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.
BPCL Extremely High Probability Short Setup
BPCL - Bullish shark CD leg probability. Sell cmp 628/Stop 631 tgt 590
BPCL has risen very sharply. One can wait for a correction for sharp moves up.