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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 2024-11-06 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 8760725

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	317.00	311.80	319.00	307.25	1.231 times
05 Tue Nov 2024	307.95	301.00	309.05	300.20	1.089 times
04 Mon Nov 2024	303.45	313.00	313.50	298.10	1.605 times
01 Fri Nov 2024	313.00	311.95	313.85	311.80	0.081 times
31 Thu Oct 2024	310.75	310.50	316.20	307.80	1.298 times
30 Wed Oct 2024	311.30	309.00	314.90	307.35	0.713 times
29 Tue Oct 2024	311.45	312.00	312.95	302.25	0.963 times
28 Mon Oct 2024	310.40	307.30	315.50	305.30	1.518 times
25 Fri Oct 2024	306.30	323.45	323.60	303.10	1.322 times
24 Thu Oct 2024	321.45	323.00	325.40	320.00	0.651 times

My analysis of stock is bearish for shortterm, and stock might move down till 309.4 or till 291.4. Use a stoploss of 324.46 and if the stock hits stoploss, then it can shoot up till 339.5

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	293.40
Downside Target	316.20
Upside Target	328.25
Upside Target	334.30
Upside Target	345.50
Upside Target	350.00
Upside Target	355.90
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	303.73
Downside Intraday Target	290.47
Upside Intraday Target	324.63
Upside Intraday Target	332.27
Downside Intraday Target	311.37

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	317.00	313.00	319.00	298.10	0.858 times
01 Fri Nov 2024	313.00	307.30	316.20	302.25	1.03 times
25 Fri Oct 2024	306.30	342.55	345.50	303.10	0.642 times
18 Fri Oct 2024	342.50	340.00	355.90	334.30	1.489 times
11 Fri Oct 2024	337.65	342.00	350.00	328.25	0.563 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
06 Wed Nov 2024	317.00	311.95	319.00	298.10	0.154 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Bharat Petroleum in short term and the sell signal is strong.

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 but selling is losing 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 310.25 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.