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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 2024-08-16 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 14110078

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	332.50	326.05	333.80	326.05	0.582 times
14 Wed Aug 2024	325.05	321.70	327.45	320.65	0.599 times
13 Tue Aug 2024	321.70	331.95	332.75	321.00	0.692 times
12 Mon Aug 2024	333.40	331.80	336.80	330.20	0.868 times
09 Fri Aug 2024	333.40	333.15	336.70	329.80	0.805 times
08 Thu Aug 2024	338.30	343.95	343.95	332.80	1.09 times
07 Wed Aug 2024	343.65	341.20	347.75	337.40	1.01 times
06 Tue Aug 2024	334.70	343.00	349.65	333.40	0.971 times
05 Mon Aug 2024	341.70	342.00	346.95	334.40	1.692 times
02 Fri Aug 2024	347.10	346.90	350.95	340.05	1.072 times

My analysis of stock is bullish for shortterm, and stock might move up till 345.3 or till 362.1. Use a stoploss of 331.24 and if this stock hits its stoploss, then it can fall down till 317.21

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	319.25
Downside Target	329.40
Upside Target	349.65
Upside Target	351.90
Upside Target	359.05
Upside Target	564.20
Upside Target	590.05
Upside Target	624.55
Upside Target	663.35
Upside Target	687.00

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	323.17
Downside Intraday Target	313.83
Upside Intraday Target	339.32
Upside Intraday Target	346.13
Downside Intraday Target	329.98

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	332.50	331.80	336.80	320.65	0.492 times
09 Fri Aug 2024	333.40	342.00	349.65	329.80	0.681 times
02 Fri Aug 2024	347.10	333.40	359.05	331.05	0.955 times
26 Fri Jul 2024	328.80	304.55	329.40	296.10	1.584 times
19 Fri Jul 2024	303.80	306.00	319.25	301.80	1.068 times

Price has moved down 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
16 Fri Aug 2024	332.50	351.00	351.90	320.65	0.392 times
31 Wed Jul 2024	350.05	305.70	359.05	293.40	1.53 times
28 Fri Jun 2024	303.95	665.00	687.00	294.80	1.351 times
31 Fri May 2024	627.80	618.00	663.35	590.05	1.256 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bharat Petroleum ( (BPCL) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Bharat Petroleum in short term but the buy 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 336.82 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.