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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 2024-08-19 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 13235525

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	343.80	337.80	345.55	336.35	1.351 times
16 Fri Aug 2024	332.50	326.05	333.80	326.05	0.621 times
14 Wed Aug 2024	325.05	321.70	327.45	320.65	0.639 times
13 Tue Aug 2024	321.70	331.95	332.75	321.00	0.737 times
12 Mon Aug 2024	333.40	331.80	336.80	330.20	0.926 times
09 Fri Aug 2024	333.40	333.15	336.70	329.80	0.858 times
08 Thu Aug 2024	338.30	343.95	343.95	332.80	1.162 times
07 Wed Aug 2024	343.65	341.20	347.75	337.40	1.077 times
06 Tue Aug 2024	334.70	343.00	349.65	333.40	1.035 times
05 Mon Aug 2024	341.70	342.00	346.95	334.40	1.803 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 346 as stoploss in an intra day sell trade for a target of 333.24. However, stock will show a bullish move above 346.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	320.65
Downside Target	329.40
Upside Target	345.55
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	338.25
Downside Intraday Target	332.7
Upside Intraday Target	347.45
Upside Intraday Target	351.1
Downside Intraday Target	341.9

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	343.80	337.80	345.55	336.35	0.462 times
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

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
19 Mon Aug 2024	343.80	351.00	351.90	320.65	0.439 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 336.59 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.