BPCL

stock price analysis and breakout

On 9th may 2025 the stock price of

m took support from 200 moving aveage Also on that day a crossover between 20 and 200 moving average in upward direction was seen After that the stock price is trading above 200 moving average After that the stock price started consolidating and varies between the range of 307 and 325 And formed a sideways chart pattern with important support and resistance levels of 307 and 325 respectively Today the stock has broken the consolidation phase and crosses the important resistance of 325 Currently the stock price is trading at 333.8 Further rise in stock price may be seen and it may touch the level of 345