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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 2024-11-08 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 9343663

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	310.45	315.00	315.10	306.80	0.996 times
07 Thu Nov 2024	315.00	316.35	317.70	311.10	0.791 times
06 Wed Nov 2024	317.00	311.80	319.00	307.25	1.155 times
05 Tue Nov 2024	307.95	301.00	309.05	300.20	1.021 times
04 Mon Nov 2024	303.45	313.00	313.50	298.10	1.505 times
01 Fri Nov 2024	313.00	311.95	313.85	311.80	0.076 times
31 Thu Oct 2024	310.75	310.50	316.20	307.80	1.217 times
30 Wed Oct 2024	311.30	309.00	314.90	307.35	0.669 times
29 Tue Oct 2024	311.45	312.00	312.95	302.25	0.903 times
28 Mon Oct 2024	310.40	307.30	315.50	305.30	1.423 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 307.2 as stoploss in an intra day buy trade for a target of 322.08. However, stock will show a bearish move below 307.2.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Upside Target	316.20
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	299.37
Downside Intraday Target	288.28
Upside Intraday Target	320.27
Upside Intraday Target	330.08
Downside Intraday Target	309.18

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	310.45	313.00	319.00	298.10	1.275 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
08 Fri Nov 2024	310.45	311.95	319.00	298.10	0.227 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 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 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 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 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. Bulls 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 310.45 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 is giving positive 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.