BPCL - Breakout Candidate

463
A prime target of the govt for disinvestment. Announced a massive dividend as well.
Everything is in place for the company to soon be sold to a private player.
The price keeps making higher lows and also has a C&H pattern.

Long above 485.
SL below 465.
First target 510 and then 550.

Also worth noting is those who buy the stock will be eligible for almost Rs 58 in dividend. (Tax plan accordingly)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.