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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 2024-09-13 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 14383808

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	342.30	346.00	349.75	341.65	0.765 times
12 Thu Sep 2024	344.30	343.45	346.20	340.40	1.11 times
11 Wed Sep 2024	340.25	349.95	352.80	338.55	0.848 times
10 Tue Sep 2024	345.95	349.00	351.50	344.65	0.566 times
09 Mon Sep 2024	347.80	352.10	353.55	347.10	0.64 times
06 Fri Sep 2024	352.15	362.35	365.25	351.05	1.324 times
05 Thu Sep 2024	360.70	359.50	364.35	355.75	1.107 times
04 Wed Sep 2024	357.25	355.40	363.95	354.65	1.35 times
03 Tue Sep 2024	355.40	359.50	359.70	353.50	0.646 times
02 Mon Sep 2024	358.45	361.00	367.20	357.50	0.997 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 345.1, but if it comes above 345.1, then a intra day buy could be more profitable.
If you take a sell trade below 345.1, then use 345.1 as stoploss and 338.4 as target. However if you take a buy trade in stock , then use 345.1 as stoploss and 350.69 as target.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	320.65
Downside Target	336.35
Upside Target	351.05
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	336.05
Downside Intraday Target	329.8
Upside Intraday Target	351.05
Upside Intraday Target	359.8
Upside Intraday Target	344.8

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	342.30	352.10	353.55	338.55	0.724 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
13 Fri Sep 2024	342.30	361.00	367.20	338.55	0.467 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bharat Petroleum in short term and the sell signal is strong.

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

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

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 351.31 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 negative.

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