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 2024-11-04 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 7898383

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	303.45	313.00	313.50	298.10	1.781 times
01 Fri Nov 2024	313.00	311.95	313.85	311.80	0.09 times
31 Thu Oct 2024	310.75	310.50	316.20	307.80	1.44 times
30 Wed Oct 2024	311.30	309.00	314.90	307.35	0.791 times
29 Tue Oct 2024	311.45	312.00	312.95	302.25	1.068 times
28 Mon Oct 2024	310.40	307.30	315.50	305.30	1.684 times
25 Fri Oct 2024	306.30	323.45	323.60	303.10	1.467 times
24 Thu Oct 2024	321.45	323.00	325.40	320.00	0.723 times
23 Wed Oct 2024	323.05	322.00	325.85	316.55	0.841 times
22 Tue Oct 2024	322.90	332.00	332.55	322.00	0.807 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 312.1, but if it comes above 312.1, then a intra day buy could be more profitable.
If you take a sell trade below 312.1, then use 312.1 as stoploss and 294.2 as target. However if you take a buy trade in stock , then use 312.1 as stoploss and 327.06 as target.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Upside Target	313.50
Upside Target	328.25
Upside Target	334.30
Upside Target	345.50
Upside Target	350.00
Upside Target	355.90
Upside Target	359.05
Upside Target	365.50
Upside Target	373.35
Upside Target	376.00

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	296.53
Downside Intraday Target	289.62
Upside Intraday Target	311.93
Upside Intraday Target	320.42
Upside Intraday Target	305.02

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	303.45	313.00	313.50	298.10	0.351 times
01 Fri Nov 2024	313.00	307.30	316.20	302.25	1.03 times
25 Fri Oct 2024	306.30	342.55	345.50	303.10	0.642 times
18 Fri Oct 2024	342.50	340.00	355.90	334.30	1.489 times
11 Fri Oct 2024	337.65	342.00	350.00	328.25	0.563 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
04 Mon Nov 2024	303.45	311.95	313.85	298.10	0.065 times
31 Thu Oct 2024	310.75	370.00	373.35	302.25	0.84 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bharat Petroleum stock for short term is SELL. Signal strength is Strong 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 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 and selling is picking up 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 311.61 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.