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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 2024-11-29 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 9222353

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	292.10	292.40	294.25	289.40	0.881 times
28 Thu Nov 2024	290.95	294.45	298.75	289.50	1.424 times
27 Wed Nov 2024	293.45	296.95	297.00	291.05	0.65 times
26 Tue Nov 2024	293.85	297.95	301.00	293.35	0.56 times
25 Mon Nov 2024	296.55	292.05	304.40	292.00	1.833 times
22 Fri Nov 2024	285.85	282.60	287.00	281.05	0.709 times
21 Thu Nov 2024	282.40	287.45	287.45	279.35	0.897 times
19 Tue Nov 2024	287.50	292.65	297.90	286.50	1.075 times
18 Mon Nov 2024	289.20	298.15	299.65	288.30	0.861 times
14 Thu Nov 2024	298.20	305.80	306.00	296.40	1.199 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 290.1 as stoploss in an intra day buy trade for a target of 300.79. However, stock will show a bearish move below 290.1.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	279.35
Downside Target	289.40
Upside Target	316.20
Upside Target	319.00
Upside Target	320.65
Upside Target	322.95
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	286.2
Downside Intraday Target	280.3
Upside Intraday Target	301.2
Upside Intraday Target	310.3
Upside Intraday Target	295.3

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	292.10	292.05	304.40	289.40	1.51 times
22 Fri Nov 2024	285.85	298.15	299.65	279.35	1.059 times
14 Thu Nov 2024	298.20	308.00	318.55	296.40	0.604 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Petroleum (BPCL)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	292.10	311.95	319.00	279.35	0.722 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 Weak 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 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

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 291.62 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.