Sell BPCL with a stop loss of Rs 371: ICICIDirect

Last Updated: Fri, Mar 22, 2013 05:06 hrs

We said, "stability in broader market required as sign of stabilization. Else bias remains negative." Index' initial stability could not get support from the broader market, as a result of which, it lost 325 pts intra-day and ended 91 pts or 0.4% lower. Realty/Power/Cap.Goods/Auto Indexes lost 2% each, and A/D ratio ended negative 1:3.


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