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Bharat Petroleum Corporation: Bearish to sideways
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By Sahil SwaroopBharat Petroleum Corporation’s daily trend is bearish to sideways. The RSI for monthly, weekly and daily is showing bearish momentum.
Based on data, its maximum open interest on the PUT side is at strike 350; and on the CALL side, it is at 360. We are assuming it will spend most of the time between 340 and 370.
We are recommending a short Iron Condor strategy for taking the short-term non-directional strategy. An entry can be
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