BPCL: Stabilizing After Market Correction

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Topic Statement:
BPCL has declined in line with the broad market correction but is finding support at key retracement levels, offering an accumulation opportunity for investors.

Key points:
1. The 50% retracement level is acting as a strong support.
2. The price is currently just above the 180-day moving average.
3. While the price may fall to the 61.8% level, investors can consider accumulating at the current 50% retracement level.

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