(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 2024-03-15 View latest technical analysis
10 day averaged volume of Bharat Petroleum is 6872383
Date | Daily Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 586.45 | 588.25 | 600.00 | 559.00 | 4.15 times |
14 Thu Mar 2024 | 608.75 | 597.75 | 614.00 | 592.40 | 1.409 times |
13 Wed Mar 2024 | 597.75 | 628.00 | 628.00 | 594.20 | 1.085 times |
12 Tue Mar 2024 | 625.45 | 627.00 | 635.35 | 616.65 | 1.024 times |
11 Mon Mar 2024 | 626.40 | 617.00 | 638.70 | 612.05 | 1.117 times |
07 Thu Mar 2024 | 624.70 | 637.00 | 641.15 | 622.00 | 0.871 times |
06 Wed Mar 2024 | 638.35 | 643.00 | 653.00 | 625.25 | 1.328 times |
05 Tue Mar 2024 | 645.10 | 641.05 | 649.50 | 632.10 | 0.896 times |
04 Mon Mar 2024 | 640.45 | 625.20 | 643.25 | 620.85 | 1.077 times |
02 Sat Mar 2024 | 625.20 | 625.00 | 629.95 | 618.40 | 0.046 times |
Stock of Bharat Petroleum (BPCL) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 586.8, for a target of 607.5 or 624.72
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 | 559.00 |
Downside Target | 580.35 |
Upside Target | 594.45 |
Upside Target | 610.85 |
Upside Target | 633.60 |
Upside Target | 653.00 |
Upside Target | 667.85 |
Upside Target | 687.95 |
Intraday share price targets for Bharat Petroleum (BPCL)
Target Type | Value |
Downside Intraday Target | 550.73 |
Downside Intraday Target | 515.02 |
Upside Intraday Target | 630.43 |
Upside Intraday Target | 674.42 |
Upside Intraday Target | 594.72 |
Weekly technical analysis of Bharat Petroleum (BPCL)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 586.45 | 617.00 | 638.70 | 559.00 | 2.106 times |
07 Thu Mar 2024 | 624.70 | 625.20 | 653.00 | 620.85 | 0.654 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bharat Petroleum (BPCL)
Date | Monthly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 586.45 | 611.00 | 653.00 | 559.00 | 0.305 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 down 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 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 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 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 SELL. 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.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Bharat Petroleum in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 612.83 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.
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 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 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 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 SELL. 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.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Bharat Petroleum in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 612.83 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.
Click here for Bharat Petroleum charts
Click here for further forecast and predictions for tomorrow
Daily charts
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