HomeNewsBusinessStocksGo long in BPCL, says Yogesh Mehta

Go long in BPCL, says Yogesh Mehta

Yogesh Mehta of Motilal Oswal Securities is of the view that one can go long in BPCL for a target of Rs 865-870.

October 13, 2015 / 11:07 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Yogesh Mehta of Motilal Oswal Securities told CNBC-TV18, "Support for BPCL is at Rs 830-835, so looking at yesterday’s event on the crude price, one can look at if at all on the buy side, then keeping a stop loss Rs 830, one can go long and target would be Rs 865-870.""HPCL on the technical set up looks little bettery, Rs 760-755 is a strong support level. It is near to that at the close, so we can look at Rs 785-798 which would be the target," he added.

first published: Oct 13, 2015 10:00 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!