(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 2024-04-09 View latest technical analysis
10 day averaged volume of Bharat Petroleum is 7004939
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 585.75 | 597.20 | 597.20 | 583.50 | 0.649 times |
08 Mon Apr 2024 | 591.95 | 595.95 | 603.60 | 590.60 | 0.83 times |
05 Fri Apr 2024 | 590.45 | 593.55 | 594.30 | 580.25 | 1.252 times |
04 Thu Apr 2024 | 598.50 | 614.00 | 616.10 | 595.45 | 1.084 times |
03 Wed Apr 2024 | 610.95 | 613.00 | 619.35 | 608.80 | 0.889 times |
02 Tue Apr 2024 | 615.80 | 605.00 | 620.30 | 600.00 | 1.352 times |
01 Mon Apr 2024 | 600.70 | 603.00 | 608.95 | 598.15 | 0.447 times |
28 Thu Mar 2024 | 602.40 | 600.90 | 611.25 | 597.60 | 0.869 times |
27 Wed Mar 2024 | 595.20 | 605.00 | 611.75 | 593.30 | 0.778 times |
26 Tue Mar 2024 | 599.85 | 586.40 | 603.80 | 585.35 | 0.968 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 579.6 as stoploss in an intra day buy trade for a target of 596.18. However, stock will show a bearish move below 579.6.
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 | 603.60 |
Upside Target | 611.75 |
Upside Target | 620.30 |
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 | 578.3 |
Downside Intraday Target | 570.85 |
Upside Intraday Target | 598.4 |
Upside Intraday Target | 611.05 |
Upside Intraday Target | 590.95 |
Weekly technical analysis of Bharat Petroleum (BPCL)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 585.75 | 595.95 | 603.60 | 583.50 | 0.294 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 |
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 |
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 |
09 Tue Apr 2024 | 585.75 | 603.00 | 620.30 | 580.25 | 0.285 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 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 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 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 to mid 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 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 SELL. 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.
Bharat Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 600.01 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 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.
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 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 to mid 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 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 SELL. 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.
Bharat Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 600.01 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 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.
Click here for Bharat Petroleum charts
Click here for further forecast and predictions for tomorrow
Daily charts
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