BPCL technical outlook / BPCL share price target.
This page provides free technical analysis of BPCL with auto buy sell trend signal. Page also consist of BPCL share price target and trend line support resistance which get updated daily.
DAILY CHARTS ARE USEFUL FOR SHORT TERM OR POSITIONAL TRADERS.
BPCL share price target for 25th July 2017
Share price of BPCL today trading with a loss of Rs. 1.55 down by 0.33% at Rs.464.64 at NSE at 12:02. Stock was on news – Engineering firm Essar Projects on Monday said it has tested and commissioned the coke drum structure package for Bharat Petroleum Corporation’s Kochi Refinery (BPCL-KR). This contract is a part of BPCL-KR’s integrated refinery expansion project and the contract value of this package is Rs 645 crore, the company said in a statement.
BPCL futures on 17-07-17 is trading with a gain of Rs. 1.50 (+0.33%) at 463 at NSE futures at 10:51 am. Stock was on news – BPCL has bought a cargo containing 500,000 barrels each of Mars and Poseidon for delivery from Sept. 26 to Oct. 10. Earlier this month IOC also bought 1.6 million barrels from Mars.
Share price of BPCL futures opened at 456.60, intraday high 466.10, intraday low 456.60. Total traded volumes so far were 1454400.
BPCL futures today trading almost flat 14-07-2017. Stock trading around 459.75 up by Rs.0.20 (0.04%) at NSE 02:35 pm. BPCL futures opened 458.85 made an intraday high 464 and after that made a low of 456.25. Total traded volumes in derivatives market are 3065400 (so far). Stock 52 w
BPCL, IOC and HPCL are going to sign a deal on 14th June 2017 to set up joint venture refinery cum petrochemical complex on coastal Maharashtra, after this deal they would become world largest with a capacity of 60 million tonnes. Currently IOC holds 50% stake, HPCL holds 25% and BPCL holds 25% stake. Click here to read more.
Technically stock witnessing selling pressure from higher levels, and if stock falls further then will find strong support around 686.50 its recent bottom.
BPCL on 29th May 2017 declared its Q4 numbers. Net profit of BPCL was down by 13% to Rs.1841.68 cr. Technically BPCL is moving positive on 29th May 2017, stock up by 2.35% from its previous closing of Rs. 756 on BSE. Stock is holding above its 50 DMA this indicates further bulls action expecting in coming days.
BPCL share price target of 800 given by Edelweiss Financial services.
India’s biggest broking house Edelweiss Financial services is bullish on BPCL, has given a buy call in it with a target price of Rs.800. Stock currently trading around 741 and finding strong trend line resistance. Edelweiss Financial services has given a s.l of Rs. 705. (News published on Economic times on 03rd May 2017).