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Technicals for Bharat Petroleum Corporation Limited
By MusingTheNews
2025-12-15 20:26
Overall Technical outlook
Price Summary
Bharat Petroleum Corporation Limited's stock opened at 365.1 on 2025-12-15, surged to 369.45, hit a low of 361.1, and closed up 0.52% at 367.0, with 6127986 shares traded. The stock's highest price in the past 52 weeks is 375.45, while its lowest price during the same period is 237.3. The anticipated price is forecasted to be between 245.0 and 530.0, with an average price expectation of 405.80646, based on input from 31 analysts.
Technicals
Support and Resistance: The current price is 367.0, with support at 364.7 and resistance at 374.25. This range suggests that the price might move between these levels, with 364.7 offering support and 374.25 capping further gains for Bharat Petroleum Corporation Limited. Support/Resistance for BPCL
Aroon: The AROON indicator is pointing to a robust bullish trend, as the Aroon Up has risen and the Aroon Oscillator has reversed. These movements suggest a reversal to an upward trend, indicating increased market optimism. Investors might anticipate further upward momentum, as the AROON's signals are typically reliable indicators of sustained bullish activity. Aroon chart for Bharat Petroleum Corporation Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for BPCL, with no strong trend emerging. Bolinger Bands chart for Bharat Petroleum Corporation Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Bharat Petroleum Corporation Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Bharat Petroleum Corporation Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Bharat Petroleum Corporation Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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