Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-17 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 9294558

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	293.00	299.85	299.85	292.10	0.905 times
16 Mon Dec 2024	297.95	300.95	301.70	295.80	0.936 times
13 Fri Dec 2024	301.70	302.00	305.15	296.00	0.831 times
12 Thu Dec 2024	302.15	307.05	307.45	301.30	0.802 times
11 Wed Dec 2024	307.45	303.45	308.95	302.10	1.169 times
10 Tue Dec 2024	303.50	302.30	306.70	300.85	0.931 times
09 Mon Dec 2024	303.45	300.95	304.20	299.10	1.252 times
06 Fri Dec 2024	300.35	297.90	303.90	296.40	1.031 times
05 Thu Dec 2024	297.00	295.10	298.25	291.30	0.999 times
04 Wed Dec 2024	293.65	294.20	299.55	292.85	1.059 times

My analysis of stock is bearish for shortterm, and stock might move down till 289.4 or till 281.9. Use a stoploss of 295.56 and if the stock hits stoploss, then it can shoot up till 301.75

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	279.35
Downside Target	289.40
Upside Target	304.40
Upside Target	308.95
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	289.5
Downside Intraday Target	286
Upside Intraday Target	299.1
Upside Intraday Target	305.2
Upside Intraday Target	295.6

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	293.00	300.95	301.70	292.10	0.369 times
13 Fri Dec 2024	301.70	300.95	308.95	296.00	1.075 times
06 Fri Dec 2024	300.35	292.65	303.90	290.50	0.874 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

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
17 Tue Dec 2024	293.00	292.65	308.95	290.50	0.647 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 gaining momentum.

MACD generated a BUY signal for Bharat Petroleum in short term but the buy signal is initial and weak.

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 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 SELL signal in short term and selling is picking up 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 300.18 and Bharat Petroleum (BPCL) stock is trading below this level. This means that stock is falling with high volumes. 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.