Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-04 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 8327480

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	640.45	625.20	643.25	620.85	0.889 times
02 Sat Mar 2024	625.20	625.00	629.95	618.40	0.038 times
01 Fri Mar 2024	623.30	611.00	627.25	609.00	0.946 times
29 Thu Feb 2024	603.85	609.00	611.80	594.45	1.232 times
28 Wed Feb 2024	609.30	624.85	625.55	606.10	0.759 times
27 Tue Feb 2024	625.05	627.10	632.70	616.30	0.893 times
26 Mon Feb 2024	627.15	617.00	633.60	604.10	1.397 times
23 Fri Feb 2024	617.95	622.05	629.50	615.25	0.754 times
22 Thu Feb 2024	625.90	629.00	630.85	610.85	1.66 times
21 Wed Feb 2024	633.20	663.60	667.85	630.00	1.064 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 644.2 as stoploss in an intra day sell trade for a target of 624.21. However, stock will show a bullish move above 644.2.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	350.55
Downside Target	432.45
Downside Target	482.50
Downside Target	499.10
Downside Target	517.85
Downside Target	557.05
Downside Target	580.35
Downside Target	594.45
Downside Target	609.00
Downside Target	633.60
Upside Target	643.25
Upside Target	667.85
Upside Target	687.95

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	626.45
Downside Intraday Target	612.45
Upside Intraday Target	648.85
Upside Intraday Target	657.25
Downside Intraday Target	634.85

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	640.45	625.20	643.25	620.85	0.169 times
02 Sat Mar 2024	625.20	617.00	633.60	594.45	0.844 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

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
04 Mon Mar 2024	640.45	611.00	643.25	609.00	0.049 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bharat Petroleum ( (BPCL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 623.14 and Bharat Petroleum (BPCL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.