BHARAT PETROLEUM CORP LTD
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BPCL FELL 10%! WHERE TO BUY AGAIN?

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BPCL had an event today, where the dividend was issued. The dividend was 58 per share.

However, the stock price fell so much as 10% in a single day, and that too in pre-market minutes.

There will be a long unwinding as a consequence. If the price manages to stay below 445, it could come down to the demand zone which is also a PRZ of XABCD bearish shark pattern.

The levels are mentioned on the chart.

If the price rises past the 481 level, then the previous idea which I had published may work.

Happy trading :)

This is just for educational purposes.
Dagangan aktif
going successfully, keep trailing

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