BPCL is Market Guru Anil Singhvi's HOLI pick for traders and investors

Zee Business Managing Editor Anil Singhvi today put a Buy recommendation on BPCL and says this stock is his Holi Pick. The stock should be bought on all drops up to the levels of Rs 415 and the stop-loss will be Rs 410.

Singhvi said he would give 3 small targets of Rs 435, Rs 440 and Rs 445 for short term traders. For positional investors, the price target for BPCL stock is Rs 455 and Rs 490: Zee Business

Zee Business Managing Editor Anil Singhvi today put a Buy recommendation on BPCL and says this stock is his Holi Pick. The stock should be bought on all drops up to the levels of Rs 415 and the stop-loss will be Rs 410.

Singhvi said he would give 3 small targets of Rs 435, Rs 440 and Rs 445 for short term traders. For positional investors, the price target for BPCL stock is Rs 455 and Rs 490. The stock can see levels of Rs 455 in next 1 – 2 weeks and Investors who buy this as Holi Pick can see levels of Rs 490 positionally.

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Anil Singhvi said BPCL stock is in the news today for 2 big reasons:

Agreement of Numaligarh Refinery Stake sale of Rs 9400 cr is being done and the money will come into the company sooner or later. The dividend amount is expected by the end of April or in May, says Singhvi.
Also, Government Officials Confirmed that BPCL Divestment will happen in first 6 months of FY22.

ट्रेडर्स और इन्वेस्टर्स के लिए अनिल सिंघवी का HOLI GIFT

जानिए #AajKe2000 में किस स्टॉक को चुना खरीदारी के लिए?@AnilSinghvi_ pic.twitter.com/AdjGqkJXKb

— Zee Business (@ZeeBusiness) March 26, 2021

Anil Singhvi said these 2 points are the key positive triggers for BPCL recommendation. The stock can give good returns going forward, he concluded.

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