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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.

10 day averaged volume of Bharat Petroleum is 7926869

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	603.40	593.35	605.80	588.05	0.905 times
24 Wed Apr 2024	593.35	598.00	598.85	592.00	0.617 times
23 Tue Apr 2024	593.00	608.30	609.50	591.75	0.722 times
22 Mon Apr 2024	603.45	594.85	608.80	593.00	1.105 times
19 Fri Apr 2024	585.80	578.00	589.90	564.20	1.324 times
18 Thu Apr 2024	589.60	604.50	617.60	585.55	1.63 times
16 Tue Apr 2024	592.30	585.00	600.00	578.55	0.728 times
15 Mon Apr 2024	589.55	590.20	599.80	574.40	1.048 times
12 Fri Apr 2024	601.20	604.75	612.85	599.00	0.846 times
10 Wed Apr 2024	604.75	589.30	608.70	585.00	1.406 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 605.3 as stoploss in an intra day sell trade for a target of 597.4. However, stock will show a bullish move above 605.3.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	432.45
Downside Target	445.10
Downside Target	482.50
Downside Target	499.10
Downside Target	517.85
Downside Target	556.40
Downside Target	580.25
Upside Target	609.50
Upside Target	612.85
Upside Target	617.60
Upside Target	620.30
Upside Target	653.00
Upside Target	687.95

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	591.13
Downside Intraday Target	578.87
Upside Intraday Target	612.58
Upside Intraday Target	621.77
Downside Intraday Target	600.32

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	603.40	594.85	609.50	588.05	0.708 times
19 Fri Apr 2024	585.80	590.20	617.60	564.20	1.329 times
12 Fri Apr 2024	601.20	595.95	612.85	583.50	0.802 times
05 Fri Apr 2024	590.45	603.00	620.30	580.25	1.922 times
28 Thu Mar 2024	602.40	586.40	611.75	585.35	0.415 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
25 Thu Apr 2024	603.40	603.00	620.30	564.20	0.798 times
28 Thu Mar 2024	602.40	611.00	653.00	556.40	0.501 times
29 Thu Feb 2024	603.85	504.55	687.95	499.10	1.616 times
31 Wed Jan 2024	502.35	459.40	517.85	445.10	0.871 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Bharat Petroleum in short term but the sell 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 tired and bears 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 BUY signal in short term but buying 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 595.46 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 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.