Buy BPCL, target Rs 430-437: Rajesh Palviya

The stock is witnessing high volume along with the support placed at 20 and 50-days SMA.

Moneycontrol News

June 04, 2018 / 15:02 IST

BPCL

26 Aug, 2025 12:21

Volume

Todays L/H

Rajesh Palviya

BPCL has given a downward sloping trendline breakout at Rs 400 which was also the immediate acting resistance in the stock and went on to make a high of Rs 411.50 on a closing basis.

The stock is witnessing high volume along with the support placed at 20 and 50-days SMA. The momentum indicators are also signaling a positive probability towards the bullish momentum in the stock.

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Moneycontrol News

first published: Jun 4, 2018 02:47 pm

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