BPCL seems to have made a good case for itself to give a medium term 10% return. At around 265-270 levels the stock witnessed high volumes yet did not go down which implied that there was accumulation in the stock. Then it made a good breakout around 305 levels which a medium term top for the counter. Now the stock needs to sustain above 285 levels for the next 3 sessions. That should give it an easy way to 330-335 where heave resistance should be witnesses. Buy at CMP with a tight stop at 285. Target - 330-335 where one should book profits.
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