BPCL Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

BPCL closed the previous week on a negative note losing 8.06%

Technically, BPCL share price will see immediate support at 359.40 and immediate resistance would be seen at 391.25

If BPCL share price closes below immediate support of 359.40, then sharp breakdown can be seen. BPCL share price will see major support at 345.35 for the week.

On the positive side, immediate resistance will be seen at 391.25. Closing above 391.25, BPCL share price will see a sharp breakout. Major resistance for BPCL share price will be seen at 409.05 for the week.

Trading range for BPCL share price for this week should be between 327.55 on down side and 423.10 on up side.

BPCL Previous Week High: 395

BPCL Previous Week Low: 363.15

BPCL Previous Week Range: 31.85 Points

BPCL share price support and resistance for the week (July 31, 2023 – August 04, 2023)