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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 2024-10-11 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 15915902

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	337.65	335.45	339.40	334.00	0.254 times
10 Thu Oct 2024	335.45	342.00	343.30	334.55	0.359 times
09 Wed Oct 2024	338.85	345.00	350.00	337.75	0.85 times
08 Tue Oct 2024	338.00	331.50	339.45	328.25	0.601 times
07 Mon Oct 2024	335.00	342.00	343.30	332.80	0.493 times
04 Fri Oct 2024	340.25	342.50	347.95	334.35	1.143 times
03 Thu Oct 2024	348.85	353.75	361.60	347.00	1.304 times
01 Tue Oct 2024	368.25	370.00	373.35	364.15	0.593 times
30 Mon Sep 2024	369.95	367.15	376.00	360.15	1.499 times
27 Fri Sep 2024	367.30	347.00	370.50	346.35	2.561 times

My analysis of stock is bearish for shortterm, and stock might move down till 330.9 or till 316.7. Use a stoploss of 342.74 and if the stock hits stoploss, then it can shoot up till 354.57

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	327.27
Downside Intraday Target	316.88
Upside Intraday Target	349.02
Upside Intraday Target	360.38
Upside Intraday Target	338.63

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	337.65	342.00	350.00	328.25	0.563 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
11 Fri Oct 2024	337.65	370.00	373.35	328.25	0.328 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 354.14 and Bharat Petroleum (BPCL) stock is trading below this level. This means that stock is falling with high volumes. 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 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.