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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 2024-04-02 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 9408713

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	615.80	605.00	620.30	600.00	1.007 times
01 Mon Apr 2024	600.70	603.00	608.95	598.15	0.333 times
28 Thu Mar 2024	602.40	600.90	611.25	597.60	0.647 times
27 Wed Mar 2024	595.20	605.00	611.75	593.30	0.579 times
26 Tue Mar 2024	599.85	586.40	603.80	585.35	0.721 times
22 Fri Mar 2024	592.80	589.00	604.45	584.55	1.14 times
21 Thu Mar 2024	587.80	574.00	589.70	572.55	0.884 times
20 Wed Mar 2024	566.65	561.00	572.40	560.30	0.932 times
19 Tue Mar 2024	557.70	580.00	580.85	556.40	1.151 times
18 Mon Mar 2024	582.30	586.45	592.80	580.30	0.584 times

My analysis of stock is bullish for shortterm, and stock might move up till 629.4 or till 657.5. Use a stoploss of 605.99 and if this stock hits its stoploss, then it can fall down till 582.57

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	585.35
Downside Target	598.15
Upside Target	620.30
Upside Target	620.85
Upside Target	638.70
Upside Target	653.00
Upside Target	687.95

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	602.53
Downside Intraday Target	589.27
Upside Intraday Target	624.68
Upside Intraday Target	633.57
Downside Intraday Target	611.42

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	615.80	603.00	620.30	598.15	0.688 times
28 Thu Mar 2024	602.40	586.40	611.75	585.35	0.415 times
22 Fri Mar 2024	592.80	586.45	604.45	556.40	0.731 times
15 Fri Mar 2024	586.45	617.00	638.70	559.00	2.106 times
07 Thu Mar 2024	624.70	625.20	653.00	620.85	0.654 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 Tue Apr 2024	615.80	603.00	620.30	598.15	0.079 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 588.18 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.