BPCL - 24th Dec

Today's Opening - 615
Today's High - 616
Today's Low - 608
Today's Closing - 614
Previous Day's Opening - 614
Previous Day's High - 617
Previous Day's Low - 606
Previous Day's Closing - 611
Flattish closing with lower volumes. The stock is taking support at the 5-day Exponential Moving Average of 608.
The 14-day Positive Directional Index has been stronger than the Negative Directional Index since 23rd Nov.
Since 24th Nov, the closing candle has been above the Ichimoku Kinko Hyo cloud.
The 20-day Commodity Channel Index has been above zero for the past two days.
The 3, 10-day Moving Average Convergence Divergence is positive.
The 2-day RSI Index has been above 98% for the past two days.
The stock might consolidate at current levels before trying to breach the resistance of 646. Critical for the stock to remain above 608 in case of consolidation. In case it does manage to stay above 608 for the next 1-2 sessions, then this is the stock to watch out for.

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