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Technicals for Bharat Petroleum Corporation Limited
By MusingTheNews
2025-07-16 20:26
Overall Technical outlook
Price Summary
On 2025-07-15, Bharat Petroleum Corporation Limited's stock began at 347.65, peaked at 350.5, bottomed at 346.15, and closed 0.12% higher at 348.05, with a volume of 6269761 shares. Over the past year, the stock's highest price was 369.95, and its lowest was 237.3. BPCL's future price is expected to lie between 220.0 and 481.0, with an average expectation of 351.46875, as per the recommendations of 32 analysts.
Technicals
Support and Resistance: The current price of 348.05 for BPCL is supported at 333.85 and faces resistance at 355.6. These levels indicate that 333.85 could act as a floor, while 355.6 might limit any further price increases. Support/Resistance for BPCL
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Bharat Petroleum Corporation Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Bharat Petroleum Corporation Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for BPCL. Parabolic Stop and Reverse chart for Bharat Petroleum Corporation Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Bharat Petroleum Corporation Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned in a bearish pattern, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that the bearish momentum for BPCL may be fading. This could signal a potential shift towards bullish price action, as the market's downward trajectory begins to lose strength and prepares for a possible reversal. Tripple SMA chart for Bharat Petroleum Corporation Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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