BPCL
BPCL | Trading in a ZoneAfter the price rallied upwards, the price consolidated into a zone where it gapped down to find the region acting as a resistance.
The longer-term support line being tested, the price is likely to go long and take roof on the zone's support at 341.
Long Position
Target 1: 334
Target 2: 341
SL: 318 (Careful at being stopped out!)
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options buying strategyTRADE IS VALID ONLY IF IT CLOSES ABOVE THE PRESCRIBED LEVEL
Option buying trades should not run for a very long time
It should have that momentum move SO that the option price does not melts
I TAKE TRAININGS ON OPTIONS BUYING STRATEGY AND EXCLUSIVE INTRADAY STRATEGY
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