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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 2024-09-02 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 13869511

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	358.45	361.00	367.20	357.50	1.034 times
30 Fri Aug 2024	357.65	359.95	365.50	354.75	1.465 times
29 Thu Aug 2024	356.45	349.80	357.55	347.15	0.941 times
28 Wed Aug 2024	348.15	348.50	355.75	346.65	0.526 times
27 Tue Aug 2024	349.05	348.00	350.75	343.50	0.698 times
26 Mon Aug 2024	351.15	355.45	355.90	349.00	0.481 times
23 Fri Aug 2024	352.20	349.80	358.00	349.55	1.144 times
22 Thu Aug 2024	350.10	354.60	355.10	348.55	0.739 times
21 Wed Aug 2024	351.20	349.35	355.60	348.15	1.067 times
20 Tue Aug 2024	349.40	348.95	354.10	347.40	1.65 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 354, but if it comes below 354, then a intra day sell could be more profitable.
If you take a sell trade below 354, then use 354 as stoploss and 343.6 as target. However if you take a buy trade in stock , then use 354 as stoploss and 366.5 as target.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	320.65
Downside Target	329.80
Downside Target	357.50
Upside Target	359.05
Upside Target	365.50
Upside Target	367.20
Upside Target	590.05
Upside Target	663.35
Upside Target	687.00

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	354.9
Downside Intraday Target	351.35
Upside Intraday Target	364.6
Upside Intraday Target	370.75
Upside Intraday Target	361.05

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	358.45	361.00	367.20	357.50	0.252 times
30 Fri Aug 2024	357.65	355.45	365.50	343.50	0.698 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

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
02 Mon Sep 2024	358.45	361.00	367.20	357.50	0.05 times
30 Fri Aug 2024	357.65	351.00	365.50	320.65	0.757 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

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bharat Petroleum ( (BPCL) ) based on a short 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 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 Strong 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 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 352.85 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.