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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 2024-04-23 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 8324667

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	593.00	608.30	609.50	591.75	0.687 times
22 Mon Apr 2024	603.45	594.85	608.80	593.00	1.053 times
19 Fri Apr 2024	585.80	578.00	589.90	564.20	1.261 times
18 Thu Apr 2024	589.60	604.50	617.60	585.55	1.552 times
16 Tue Apr 2024	592.30	585.00	600.00	578.55	0.694 times
15 Mon Apr 2024	589.55	590.20	599.80	574.40	0.998 times
12 Fri Apr 2024	601.20	604.75	612.85	599.00	0.806 times
10 Wed Apr 2024	604.75	589.30	608.70	585.00	1.339 times
09 Tue Apr 2024	585.75	597.20	597.20	583.50	0.546 times
08 Mon Apr 2024	591.95	595.95	603.60	590.60	0.698 times

My analysis of stock is bearish for shortterm, and stock might move down till 588.6 or till 578.9. Use a stoploss of 596.59 and if the stock hits stoploss, then it can shoot up till 604.63

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	432.45
Downside Target	445.10
Downside Target	482.50
Downside Target	499.10
Downside Target	517.85
Downside Target	556.40
Downside Target	580.25
Upside Target	609.50
Upside Target	612.85
Upside Target	617.60
Upside Target	620.30
Upside Target	653.00
Upside Target	687.95

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	586.67
Downside Intraday Target	580.33
Upside Intraday Target	604.42
Upside Intraday Target	615.83
Upside Intraday Target	598.08

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	593.00	594.85	609.50	591.75	0.386 times
19 Fri Apr 2024	585.80	590.20	617.60	564.20	1.329 times
12 Fri Apr 2024	601.20	595.95	612.85	583.50	0.802 times
05 Fri Apr 2024	590.45	603.00	620.30	580.25	1.922 times
28 Thu Mar 2024	602.40	586.40	611.75	585.35	0.415 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
23 Tue Apr 2024	593.00	603.00	620.30	564.20	0.723 times
28 Thu Mar 2024	602.40	611.00	653.00	556.40	0.501 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

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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 594.08 and Bharat Petroleum (BPCL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

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