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Stock analysis Bharat Petroleum Corporation Limited BPCL

More indepth analysis on MunafaSutra.com

Moving Averages for Bharat Petroleum Corporation Limited

  • 5Day Average: 600.53
  • 12Day Average: 595.97
  • 20Day Average: 597.88
  • 50Day Average: 609.09
  • 100Day Average: 545.47
  • 150Day Average: 485.47
  • 200Day Average: 455.43

BPCL Indicators & signals

Indicator MACD (12,26,9)

598.07, 597.54, -0.68
Indicator MACD is in positive zone

Indicator ADX (14)

8.22, 26.54, 22.51
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BPCL Bharat Petroleum Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 609.45 599.10 to 614.70 1% 0.6 times
25 Thu Apr 2024 603.40 588.05 to 605.80 1.69% 0.88 times
24 Wed Apr 2024 593.35 592.00 to 598.85 0.06% 0.6 times
23 Tue Apr 2024 593.00 591.75 to 609.50 -1.73% 0.7 times
22 Mon Apr 2024 603.45 593.00 to 608.80 3.01% 1.07 times
19 Fri Apr 2024 585.80 564.20 to 589.90 -0.64% 1.28 times
18 Thu Apr 2024 589.60 585.55 to 617.60 -0.46% 1.58 times
16 Tue Apr 2024 592.30 578.55 to 600.00 0.47% 0.7 times
15 Mon Apr 2024 589.55 574.40 to 599.80 -1.94% 1.01 times
12 Fri Apr 2024 601.20 599.00 to 612.85 -0.59% 0.82 times
10 Wed Apr 2024 604.75 585.00 to 608.70 3.24% 1.36 times
09 Tue Apr 2024 585.75 583.50 to 597.20 -1.05% 0.55 times

Technical analysis forecast of Bharat Petroleum Corporation Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bharat Petroleum Corporation Limited BPCL at this time. Stock is rising and might rise more.

It appears as if Bharat Petroleum Corporation Limited BPCL gave a large move recently.

Stock of Bharat Petroleum Corporation Limited (BPCL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Bharat Petroleum Corporation Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Bharat Petroleum Corporation Limited stays above 606.2, but if it comes below 606.2, then a intra day sell could be more profitable.
If you take a sell trade below 606.2, then use 606.2 as stoploss and 597.88 as target. However if you take a buy trade in Bharat Petroleum Corporation Limited, then use 606.2 as stoploss and 616.1 as target.

More indepth analysis on MunafaSutra.com