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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 2024-10-01 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 13194244

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	368.25	370.00	373.35	364.15	0.716 times
30 Mon Sep 2024	369.95	367.15	376.00	360.15	1.808 times
27 Fri Sep 2024	367.30	347.00	370.50	346.35	3.089 times
26 Thu Sep 2024	345.10	340.00	346.95	335.15	0.721 times
25 Wed Sep 2024	339.80	341.00	341.80	335.15	0.461 times
24 Tue Sep 2024	339.15	338.55	343.20	336.70	0.536 times
23 Mon Sep 2024	338.10	333.00	339.50	331.30	0.463 times
20 Fri Sep 2024	331.20	326.45	333.10	324.45	1.11 times
19 Thu Sep 2024	324.45	337.95	337.95	322.95	0.951 times
18 Wed Sep 2024	336.10	339.00	339.90	334.45	0.312 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 373.3, for a target of 358.6 or 346.46

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	320.65
Downside Target	331.30
Downside Target	338.55
Downside Target	364.15
Downside Target	365.50
Downside Target	367.20
Upside Target	370.50
Upside Target	373.35
Upside Target	376.00
Upside Target	687.00

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	360.27
Downside Intraday Target	352.28
Upside Intraday Target	376.12
Upside Intraday Target	383.98
Downside Intraday Target	368.13

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	368.25	367.15	376.00	360.15	0.479 times
27 Fri Sep 2024	367.30	333.00	370.50	331.30	1.603 times
20 Fri Sep 2024	331.20	344.90	344.90	322.95	0.768 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

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
01 Tue Oct 2024	368.25	370.00	373.35	364.15	0.035 times
30 Mon Sep 2024	369.95	361.00	376.00	322.95	0.942 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

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 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 losing momentum.

MACD generated a BUY signal for Bharat Petroleum in short term and the buy signal is strong.

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 stronger in this stock.

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 BUY signal in short term and the buying is gaining 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 353.3 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.