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(BPCL) Bharat Petroleum complete technical analysis [charts+indicators] | Buy/Sell Bharat Petroleum | (BPCL) share price targets

Complete technical analysis of Bharat Petroleum (BPCL) by charts plus indicators, forecast predictions and share price targets for Bharat Petroleum (BPCL)

Bharat Petroleum trades in NSE in Refineries sector.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 11545145

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	623.30	611.00	627.25	609.00	0.683 times
29 Thu Feb 2024	603.85	609.00	611.80	594.45	0.888 times
28 Wed Feb 2024	609.30	624.85	625.55	606.10	0.548 times
27 Tue Feb 2024	625.05	627.10	632.70	616.30	0.644 times
26 Mon Feb 2024	627.15	617.00	633.60	604.10	1.008 times
23 Fri Feb 2024	617.95	622.05	629.50	615.25	0.544 times
22 Thu Feb 2024	625.90	629.00	630.85	610.85	1.198 times
21 Wed Feb 2024	633.20	663.60	667.85	630.00	0.768 times
20 Tue Feb 2024	657.60	652.55	664.00	637.25	0.906 times
19 Mon Feb 2024	652.55	659.90	666.70	650.85	1.083 times

My analysis of stock is bullish for shortterm, and stock might move up till 642.6 or till 669.6. Use a stoploss of 620.13 and if this stock hits its stoploss, then it can fall down till 597.66

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	350.55
Downside Target	432.45
Downside Target	469.40
Downside Target	482.50
Downside Target	499.10
Downside Target	517.85
Downside Target	557.05
Downside Target	572.40
Downside Target	594.45
Downside Target	609.00
Upside Target	627.25
Upside Target	635.35
Upside Target	667.85
Upside Target	687.95

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	600.63
Downside Intraday Target	577.97
Upside Intraday Target	639.78
Upside Intraday Target	656.27
Downside Intraday Target	617.12

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	623.30	617.00	633.60	594.45	0.838 times
23 Fri Feb 2024	617.95	659.90	667.85	610.85	0.562 times
16 Fri Feb 2024	654.60	614.80	687.95	580.35	0.992 times
09 Fri Feb 2024	614.30	566.00	635.35	557.05	1.009 times
02 Fri Feb 2024	558.35	474.00	572.40	469.40	2.948 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bharat Petroleum (BPCL)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	623.30	611.00	627.25	609.00	0.025 times
29 Thu Feb 2024	603.85	504.55	687.95	499.10	1.616 times
31 Wed Jan 2024	502.35	459.40	517.85	445.10	0.871 times
29 Fri Dec 2023	450.65	440.00	482.50	432.45	1.6 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bharat Petroleum (BPCL)

Price action analysis of Bharat Petroleum ( (BPCL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Petroleum ( (BPCL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bharat Petroleum ( (BPCL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bharat Petroleum stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bharat Petroleum in short term but the sell signal is initial and weak.

Bharat Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Petroleum in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bharat Petroleum is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 629.42 and Bharat Petroleum (BPCL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bharat Petroleum (BPCL) stock. Volume based technical analysis of Bharat Petroleum (BPCL) stock is negative.

Bharat Petroleum Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.