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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 2024-09-16 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 13453169

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	340.65	344.90	344.90	340.00	0.361 times
13 Fri Sep 2024	342.30	346.00	349.75	341.65	0.818 times
12 Thu Sep 2024	344.30	343.45	346.20	340.40	1.187 times
11 Wed Sep 2024	340.25	349.95	352.80	338.55	0.906 times
10 Tue Sep 2024	345.95	349.00	351.50	344.65	0.605 times
09 Mon Sep 2024	347.80	352.10	353.55	347.10	0.684 times
06 Fri Sep 2024	352.15	362.35	365.25	351.05	1.416 times
05 Thu Sep 2024	360.70	359.50	364.35	355.75	1.184 times
04 Wed Sep 2024	357.25	355.40	363.95	354.65	1.443 times
03 Tue Sep 2024	355.40	359.50	359.70	353.50	0.69 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 344.7, but if it comes above 344.7, then a intra day buy could be more profitable.
If you take a sell trade below 344.7, then use 344.7 as stoploss and 337.8 as target. However if you take a buy trade in stock , then use 344.7 as stoploss and 350.53 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	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	338.8
Downside Intraday Target	336.95
Upside Intraday Target	343.7
Upside Intraday Target	346.75
Upside Intraday Target	341.85

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	340.65	344.90	344.90	340.00	0.086 times
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

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
16 Mon Sep 2024	340.65	361.00	367.20	338.55	0.484 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 gaining 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 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 350.07 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.