Equity Technical Analyst suggests a purchase rating on BPCL with an objective cost of Rs 1140. The stock has picked up 12 for each penny so far in the timetable year 2016. The stock is looking bullish on the graphs.

BPCL is a high beta stock (1.31) and is exchanging great over its 50-day, 100-day and 200-day moving normal of Rs 959.22, Rs 893.74 and Rs 889.78, separately, according to information gathered by ETMarkets.com. The stock is exchanging with a P/E of 9.82 and P/B of 3.23.

Positive part viewpoint and experienced continuation design on the prompt scale foreshadows well for out performance. A rupture above Rs 1,020 would actuate the example and push the stock towards its example target set at Rs 1,140 which could be exchanged with a Stop Loss at Rs 960.


BPCL Share Price

Open
1132.20 Change Price %

High
1156.00 1 Day -12.75 -1.13

Low
1113.10 1 Week 22.60 2.06

Close
1120.55 1 Month 133.70 13.55

Volume
3686633

1 Year
238.80 27.08

52 Week High 1156.00

52 Week Low 731.15