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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 2024-08-27 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 12703172

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	349.05	348.00	350.75	343.50	0.762 times
26 Mon Aug 2024	351.15	355.45	355.90	349.00	0.525 times
23 Fri Aug 2024	352.20	349.80	358.00	349.55	1.249 times
22 Thu Aug 2024	350.10	354.60	355.10	348.55	0.806 times
21 Wed Aug 2024	351.20	349.35	355.60	348.15	1.165 times
20 Tue Aug 2024	349.40	348.95	354.10	347.40	1.802 times
19 Mon Aug 2024	343.80	337.80	345.55	336.35	1.407 times
16 Fri Aug 2024	332.50	326.05	333.80	326.05	0.647 times
14 Wed Aug 2024	325.05	321.70	327.45	320.65	0.666 times
13 Tue Aug 2024	321.70	331.95	332.75	321.00	0.768 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 351.3 as stoploss in an intra day sell trade for a target of 342.29. However, stock will show a bullish move above 351.3.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	320.65
Downside Target	329.80
Upside Target	358.00
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	343.07
Downside Intraday Target	337.08
Upside Intraday Target	355.47
Upside Intraday Target	361.88
Upside Intraday Target	349.48

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	349.05	355.45	355.90	343.50	0.2 times
23 Fri Aug 2024	352.20	337.80	358.00	336.35	2.111 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

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
27 Tue Aug 2024	349.05	351.00	358.00	320.65	0.65 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 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 to mid 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.

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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 344.35 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 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 positive

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