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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 2024-12-02 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 9304220

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	294.15	292.65	295.90	290.50	0.558 times
29 Fri Nov 2024	292.10	292.40	294.25	289.40	0.873 times
28 Thu Nov 2024	290.95	294.45	298.75	289.50	1.411 times
27 Wed Nov 2024	293.45	296.95	297.00	291.05	0.644 times
26 Tue Nov 2024	293.85	297.95	301.00	293.35	0.555 times
25 Mon Nov 2024	296.55	292.05	304.40	292.00	1.817 times
22 Fri Nov 2024	285.85	282.60	287.00	281.05	0.703 times
21 Thu Nov 2024	282.40	287.45	287.45	279.35	0.889 times
19 Tue Nov 2024	287.50	292.65	297.90	286.50	1.065 times
18 Mon Nov 2024	289.20	298.15	299.65	288.30	0.853 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 289.4 as stoploss in an intra day buy trade for a target of 299.96. However, stock will show a bearish move below 289.4.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	279.35
Downside Target	289.40
Upside Target	304.40
Upside Target	318.55
Upside Target	319.00
Upside Target	320.65
Upside Target	322.95
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	291.13
Downside Intraday Target	288.12
Upside Intraday Target	296.53
Upside Intraday Target	298.92
Downside Intraday Target	293.52

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	294.15	292.65	295.90	290.50	0.105 times
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

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
02 Mon Dec 2024	294.15	292.65	295.90	290.50	0.032 times
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

Scroll below to view daily charts

Price has moved up 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 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 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 Weak and stock is losing 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 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 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 290.93 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.