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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 2024-10-16 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 11422196

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	350.75	352.00	355.90	348.05	1.495 times
15 Tue Oct 2024	348.75	344.20	351.50	343.90	1.504 times
14 Mon Oct 2024	340.75	340.00	344.60	337.25	0.698 times
11 Fri Oct 2024	337.65	335.45	339.40	334.00	0.354 times
10 Thu Oct 2024	335.45	342.00	343.30	334.55	0.5 times
09 Wed Oct 2024	338.85	345.00	350.00	337.75	1.184 times
08 Tue Oct 2024	338.00	331.50	339.45	328.25	0.837 times
07 Mon Oct 2024	335.00	342.00	343.30	332.80	0.687 times
04 Fri Oct 2024	340.25	342.50	347.95	334.35	1.592 times
03 Thu Oct 2024	348.85	353.75	361.60	347.00	1.817 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 355.7 as stoploss in an intra day sell trade for a target of 343.69. However, stock will show a bullish move above 355.7.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	320.65
Downside Target	344.90
Upside Target	355.90
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	340.03
Downside Intraday Target	329.32
Upside Intraday Target	358.68
Upside Intraday Target	366.62
Downside Intraday Target	347.97

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	350.75	340.00	355.90	337.25	1.038 times
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

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
16 Wed Oct 2024	350.75	370.00	373.35	328.25	0.484 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Bharat Petroleum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Bharat Petroleum in short term and BUY 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

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 343.44 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 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.