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Stock analysis BPL Limited BPL

More indepth analysis on MunafaSutra.com

Moving Averages for BPL Limited

  • 5Day Average: 104.34
  • 12Day Average: 103.59
  • 20Day Average: 103.67
  • 50Day Average: 97.59
  • 100Day Average: 96.57
  • 150Day Average: 86.33
  • 200Day Average: 79.88

BPL Indicators & signals

Indicator MACD (12,26,9)

103.96, 102.27, 1.64
Indicator MACD is in positive zone

Indicator ADX (14)

35.24, 27, 12.93
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BPL BPL Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 106.75 106.25 to 109.45 -0.79% 0.82 times
16 Thu May 2024 107.60 106.35 to 111.70 0.8% 1.8 times
15 Wed May 2024 106.75 102.05 to 109.70 5.54% 2.77 times
14 Tue May 2024 101.15 99.15 to 102.00 1.71% 0.34 times
13 Mon May 2024 99.45 97.10 to 102.05 -0.75% 0.76 times
10 Fri May 2024 100.20 98.20 to 101.50 0.2% 0.59 times
09 Thu May 2024 100.00 99.45 to 102.85 -1.67% 0.38 times
08 Wed May 2024 101.70 100.50 to 103.50 0.39% 0.52 times
07 Tue May 2024 101.30 100.00 to 104.80 -3.02% 0.7 times
06 Mon May 2024 104.45 102.00 to 108.80 -3.11% 1.01 times
03 Fri May 2024 107.80 104.55 to 109.00 1.75% 1.14 times
02 Thu May 2024 105.95 105.15 to 110.25 -2.89% 1.03 times

Technical analysis forecast of BPL Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in BPL Limited BPL at this time. Stock is rising and might rise more.

It appears as if BPL Limited BPL gave a large move recently.

Stock of BPL Limited (BPL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of BPL Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 107 as stoploss in an intra day sell trade for a target of 102.99. However, stock will show a bullish move above 107.

More indepth analysis on MunafaSutra.com