BHARAT PETROLEUM CORPORATION L stock forum
BPCL BPCL view for Intraday 11th Jan #BPCL
Resistance 270 Watching above 286 for upside movement...
Support area 270-280 Below 282 ignoring upside momentum for intraday
Watching below 270 or downside movement...
Above 270 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
BPCL BPCL view for Intraday 10th Jan #BPCL
Resistance 285 Watching above 286 for upside movement...
Support area 278-280 Below 282 ignoring upside momentum for intraday
Watching below 278 or downside movement...
Above 282 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward
BPCL As of December 26, 2024, Bharat Petroleum Corporation Limited (BPCL) closed at ₹295.50.
Support and Resistance Levels:
Resistance Levels:
R1: ₹299.08
R2: ₹302.57
R3: ₹305.83
Support Levels:
S1: ₹292.33
S2: ₹289.07
S3: ₹285.58
These levels suggest that if BPCL's stock price rises, it may encounter resistance around ₹299.08 to ₹305.83. Conversely, if the price declines, it may find support between ₹285.58 and ₹292.33.
Technical Indicators:
Moving Averages:
5-Day Average: ₹290.60
20-Day Average: ₹295.65
50-Day Average: ₹305.38
200-Day Average: ₹418.84
The stock is trading below its 50-day and 200-day moving averages, indicating a bearish trend.
MACD (12,26,9):
MACD Line: 293.49
Signal Line: 297.32
Histogram: -3.8
The negative MACD value suggests bearish momentum.
ADX (14):
ADX Value: 21.13
+DI (Positive Directional Indicator): 13.78
-DI (Negative Directional Indicator): 21.16
An ADX value around 21 indicates a weak trend, with the negative directional indicator suggesting selling pressure.
RSI (14):
RSI Value: 41.77
An RSI below 50 indicates bearish momentum.
Please note that stock prices are influenced by various factors, and past performance does not guarantee future results. It's advisable to conduct thorough research or consult a financial advisor before making investment decisions.
BPCL As of December 24, 2024, Bharat Petroleum Corporation Limited (BPCL) closed at ₹289.10, reflecting a slight increase of 0.02% from the previous close.
The following support and resistance levels have been identified for BPCL:
Support Levels:
S1: ₹285.10
S2: ₹280.07
S3: ₹275.65
Resistance Levels:
R1: ₹292.00
R2: ₹295.50
R3: ₹298.67
These levels are derived from various technical analyses, including pivot point calculations and moving averages.
MUNAFASUTRA
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
BPCL #BPCL has formed engulfing candle on thursday from important support zone,
Until bpcl is trading above to Market important support zone no need to worry about.
For now it is giving best entry to go positionally in this. 277-280 is going to act strong support zone,
BPCL BPCL has formed engulfing candle on thursday from important support zone, Until bpcl is trading above to Market important support zone no need to worry about. For now it is giving best entry to go positionally in this. 277-280 is going to act strong support zone,
BPCL harcryyoss s s sBPCL For Bharat Petroleum Corporation Limited (BPCL), here are the current support and resistance levels based on recent market data:
Support Levels:
First Support (S1): ₹346.35
Second Support (S2): ₹310.60
Resistance Levels:
First Resistance (R1): ₹370.50
Second Resistance (R2): ₹379.60
BPCL BPCL view for Intraday 30th September #BPCLBuying may witness above 370
Support area 365. Below ignoring buying momentum for intraday
Selling may witness below 364
Resistance area 370
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk
BPCL Bharat Petroleum Corporation Ltd (BPCL), here are the key levels for today:
Current Price: ₹367.30
Day’s High: ₹370.50
Day’s Low: ₹346.35
Previous Close: ₹345.10
