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Technicals for Bharat Petroleum Corporation Limited
By MusingTheNews
2025-04-25 20:26
Overall Technical outlook
Price Summary
Bharat Petroleum Corporation Limited had a unimpressive day at the stock market, and its shares dived -2.2%. On 2025-04-25, Bharat Petroleum Corporation Limited's stock started at 302.35, soared to 304.95, dropped to 293.3, and finished the day -2.2% down at 295.7, with a trading volume of 7772074 shares. Over the past year, the stock's highest price was 369.95, and its lowest was 237.3. Analysts' predictions indicate that BPCL's future price will be between 220.0 and 425.0, with a mean price expectation of approximately 332.71875.
Technicals
Support and Resistance: The price sits at 295.7, supported by 292.1 and resisted by 307.45. This indicates a trading range where 292.1 provides a floor, preventing declines, and 307.45 acts as a ceiling, limiting further price increases for BPCL. Support/Resistance for BPCL
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Bharat Petroleum Corporation Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Bharat Petroleum Corporation Limited
Parabolic SAR: The PSAR for BPCL continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Bharat Petroleum Corporation Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction. Stochastic chart for Bharat Petroleum Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Bharat Petroleum Corporation Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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