BPCL NEWS why is Bharat Petroleum Corporation Limited price falling or rising

BPCL NEWS reasons for why stock price of Bharat Petroleum Corporation Limited is falling or rising

BPCL Bharat Petroleum is falling or rising technical reasons

Technical analysis forecast of Bharat Petroleum 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 BPCL at this time. Stock is rising and might rise more.

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

Stock of Bharat Petroleum (BPCL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Bharat Petroleum is bullish for shortterm, and stock might move up till 359.9 or till 370. Use a stoploss of 351.46 and if this stock hits its stoploss, then it can fall down till 343.02

BPCL Bharat Petroleum is falling or rising NEWS fundamental reasons

BPCL and ONGC to jointly explore setting up a new refinery: Report BPCL plans to increase its integrated refining and petrochemical capacities within the next five to seven years to meet growing energy demand - NEWS as on 2024-09-03 business-standard.com

Company Announcement - NEWS as on 2024-09-02

Bharat Petroleum to invest Rs 75,000 crore in expanding refining capacity Bharat Petroleum Corp plans a ₹75,000 crore investment over the next five years to expand its refining and petrochemical capacities, aiming to cater to the rising energy demand in India. Additionally, BPCL will invest ₹10,000 crore in green energy, inc - NEWS as on 2024-08-31 indiatimes.com

Company Announcement Bharat Petroleum Corporation Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-08-29

Company Announcement Bharat Petroleum Corporation Limited has informed the Exchange regarding 'Intimation under Regulation 30 in respect of fine from Stock Exchanges '. - NEWS as on 2024-08-22

Company Announcement Bharat Petroleum Corporation Limited has informed the Exchange about Intimation under Reg 30 regarding analyst meet - NEWS as on 2024-08-21

Company Announcement Bharat Petroleum Corporation Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-08-19

Company Announcement Bharat Petroleum Corporation Limited has informed the Exchange regarding 'Intimation under Regulation 30 - issue of guarantee '. - NEWS as on 2024-08-16

More announcements and NEWS

BPCL Bharat Petroleum Corporation Limited current price & indicator signals

Moving Averages for Bharat Petroleum Corporation Limited

  • 5Day Average: 356.79
  • 12Day Average: 354.94
  • 20Day Average: 350.74
  • 50Day Average: 333.14
  • 100Day Average: 450.65
  • 150Day Average: 503.69
  • 200Day Average: 493.6

BPCL Indicators & signals

Indicator MACD (12,26,9)

354.21, 351.17, 2.14
Indicator MACD is in positive zone

Indicator ADX (14)

13.47, 21.41, 16.32
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 32
Indicator RSI is indicating selling pressure and stock might fall.

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
06 Fri Sep 2024 352.15 351.05 to 365.25 -2.37% 1.41 times
05 Thu Sep 2024 360.70 355.75 to 364.35 0.97% 1.18 times
04 Wed Sep 2024 357.25 354.65 to 363.95 0.52% 1.43 times
03 Tue Sep 2024 355.40 353.50 to 359.70 -0.85% 0.69 times
02 Mon Sep 2024 358.45 357.50 to 367.20 0.22% 1.06 times
30 Fri Aug 2024 357.65 354.75 to 365.50 0.34% 1.5 times
29 Thu Aug 2024 356.45 347.15 to 357.55 0% 0.96 times
29 Thu Aug 2024 356.45 347.15 to 357.55 0% 0.96 times
29 Thu Aug 2024 356.45 347.15 to 357.55 2.38% 0.96 times
28 Wed Aug 2024 348.15 346.65 to 355.75 -0.26% 0.54 times
27 Tue Aug 2024 349.05 343.50 to 350.75 -0.6% 0.71 times
26 Mon Aug 2024 351.15 349.00 to 355.90 -0.3% 0.49 times

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