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By EquityPandit

BPCLMARKET OUTLOOKSTOCK OUTLOOK

BPCL Outlook for the Week (March 11, 2024 – March 15, 2024)

BPCL
BPCL
BPCL closed the previous week on a negative note losing 4.92%.

Technically, BPCL share price will see immediate support at 612.70 and immediate resistance would be seen at 644.85.

If BPCL share price closes below immediate support of 612.70, then sharp breakdown can be seen. BPCL share price will see major support at 600.70 for the week.

700.00700.00650.00650.00600.00600.00550.00550.00500.00500.00450.00450.00Jan 29Jan 29Feb 1Feb 1Feb 6Feb 6Feb 9Feb 9Feb 14Feb 14Feb 19Feb 19Feb 22Feb 22Feb 27Feb 27Mar 1Mar 1Mar 5Mar 5Reversal Level 618.61BuyBuyBuySellSell

On the positive side, immediate resistance will be seen at 644.85. Closing above 644.85, BPCL share price will see a sharp breakout. Major resistance for BPCL share price will be seen at 665.00 for the week.

Trading range for BPCL share price for this week should be between 580.55 on down side and 677.00 on up side.

BPCL Previous Week High: 653

BPCL Previous Week Low: 620.85

BPCL Previous Week Range: 32.15 Points

BPCL share price support and resistance for the week (March 11, 2024 – March 15, 2024)

Level Type Value
Resistance 3 677.00
Resistance 2 665.00
Resistance 1 644.85
Support 1 612.70
Support 2 600.70
Support 3 580.55
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