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BPCLMARKET OUTLOOKSTOCK OUTLOOK

BPCL Outlook for the Week (October 16, 2023 – October 20, 2023)

BPCL
BPCL
BPCL closed the previous week on a negative note losing 4.12%.

Technically, BPCL share price will see immediate support at 339.03 and immediate resistance would be seen at 353.48.

If BPCL share price closes below immediate support of 339.03, then sharp breakdown can be seen. BPCL share price will see major support at 330.37 for the week.

On the positive side, immediate resistance will be seen at 353.48. Closing above 353.48, BPCL share price will see a sharp breakout. Major resistance for BPCL share price will be seen at 359.27 for the week.

Trading range for BPCL share price for this week should be between 324.58 on down side and 367.93 on up side.

BPCL Previous Week High: 350.6

BPCL Previous Week Low: 336.15

BPCL Previous Week Range: 14.45 Points

BPCL share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 367.93
Resistance 2 359.27
Resistance 1 353.48
Support 1 339.03
Support 2 330.37
Support 3 324.58
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{"buy_point":[{"en_ltd":"2023-10-12","en_sup_p_91":"346.05","en_sup_t_91":"340.53","prev_close":"342.55","en_close":"348.70","new_date":"Oct 12","prev_close_no":342},{"en_ltd":"2023-09-18","en_sup_p_91":"360.01","en_sup_t_91":"347.54","prev_close":"352.25","en_close":"360.35","new_date":"Sep 18","prev_close_no":352},{"en_ltd":"2023-09-05","en_sup_p_91":"349.65","en_sup_t_91":"341.99","prev_close":"344.70","en_close":"350.20","new_date":"Sep 5","prev_close_no":344}],"sell_point":[{"en_ltd":"2023-09-28","en_sup_p_91":"347.54","en_sup_t_91":"353.31","prev_close":"349.00","en_close":"343.95","new_date":"Sep 28","prev_close_no":349},{"en_ltd":"2023-09-12","en_sup_p_91":"357.74","en_sup_t_91":"364.53","prev_close":"363.75","en_close":"348.40","new_date":"Sep 12","prev_close_no":363}]}

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