>> Tuesday, June 16, 2009
Buy BPCL on dips with stoploss below Rs 410: Finquest
Finquest Securities has advised traders to buy BPCL on dips with stoploss below
“Bullish Piercing formed in BPCL at 55 day EMA at Rs 412 indicates strong support at Rs 410-415 zone. BPCL is likely to move up on relief rally towards Rs 452/465 as long as the support at Rs 410 holds.
Buy BPCL on dips to Rs 425 for target of Rs 452/465 and keep stoploss below Rs 410,” said Finquest report. - Economic Times