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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 2024-09-10 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 13756934

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	345.95	349.00	351.50	344.65	0.592 times
09 Mon Sep 2024	347.80	352.10	353.55	347.10	0.669 times
06 Fri Sep 2024	352.15	362.35	365.25	351.05	1.384 times
05 Thu Sep 2024	360.70	359.50	364.35	355.75	1.158 times
04 Wed Sep 2024	357.25	355.40	363.95	354.65	1.411 times
03 Tue Sep 2024	355.40	359.50	359.70	353.50	0.675 times
02 Mon Sep 2024	358.45	361.00	367.20	357.50	1.043 times
30 Fri Aug 2024	357.65	359.95	365.50	354.75	1.477 times
29 Thu Aug 2024	356.45	349.80	357.55	347.15	0.949 times
28 Wed Aug 2024	348.15	348.50	355.75	346.65	0.53 times

My analysis of stock is bearish for shortterm, and stock might move down till 338 or till 325.7. Use a stoploss of 348.31 and if the stock hits stoploss, then it can shoot up till 358.6

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	320.65
Downside Target	336.35
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	342.55
Downside Intraday Target	339.15
Upside Intraday Target	351.45
Upside Intraday Target	356.95
Upside Intraday Target	348.05

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	345.95	352.10	353.55	344.65	0.222 times
06 Fri Sep 2024	352.15	361.00	367.20	351.05	1.368 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

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
10 Tue Sep 2024	345.95	361.00	367.20	344.65	0.331 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 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 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 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 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.

Bharat Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Bharat Petroleum in short term and SELL signal is strong!

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 355.12 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.