Kunal Saraogi of Equityrush is of the view that one can buy BPCL at the current level.
Kunal Saraogi of Equityrush told CNBC-TV18, "Definitely one should buy Bharat Petroleum Corporation at the Rs 760 level. The structure is particularly good in Bharat Petroleum Corporation, we have seen a pattern forming on the candlestick charts and that is very positive. So, I am expecting BPCL to really go up further from the current level. Definitely one should look to buy as well as most of the other oil marketing companies."
At 13:59 hrs Bharat Petroleum Corporation was quoting at Rs 765, up Rs 44.35, or 6.15 percent. It has touched an intraday high of Rs 772 and an intraday low of Rs 719.
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