Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-10 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 15954000

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	335.45	342.00	343.30	334.55	0.358 times
09 Wed Oct 2024	338.85	345.00	350.00	337.75	0.848 times
08 Tue Oct 2024	338.00	331.50	339.45	328.25	0.6 times
07 Mon Oct 2024	335.00	342.00	343.30	332.80	0.492 times
04 Fri Oct 2024	340.25	342.50	347.95	334.35	1.14 times
03 Thu Oct 2024	348.85	353.75	361.60	347.00	1.301 times
01 Tue Oct 2024	368.25	370.00	373.35	364.15	0.592 times
30 Mon Sep 2024	369.95	367.15	376.00	360.15	1.496 times
27 Fri Sep 2024	367.30	347.00	370.50	346.35	2.555 times
26 Thu Sep 2024	345.10	340.00	346.95	335.15	0.597 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 331.3 as stoploss in an intra day buy trade for a target of 343.07. However, stock will show a bearish move below 331.3.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	320.65
Upside Target	350.00
Upside Target	353.55
Upside Target	359.05
Upside Target	365.50
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	325.8
Downside Intraday Target	316.15
Upside Intraday Target	347.55
Upside Intraday Target	359.65
Upside Intraday Target	337.9

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	335.45	342.00	350.00	328.25	0.507 times
04 Fri Oct 2024	340.25	367.15	376.00	334.35	1.039 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

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 Thu Oct 2024	335.45	370.00	373.35	328.25	0.313 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 red color and prices are below the red 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 354.02 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.