BPCL Intraday

Lets ride on this.. sell around 720-25, with sl 727.... target - 710 / 702

Reason to expecting down side

1) RSI not Going with price ... its down...
2) candle stick you can see there doji, hammer and Last one ENGULFING
3) MACD crossing the average
4) Fibonacci retracement 38% is 695 and 50% is 680

It is giving us chance to get entry in short.. so lets enjoy it.

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