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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 2024-12-20 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 9139212

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	289.05	293.55	299.20	287.00	1.092 times
19 Thu Dec 2024	294.55	282.05	295.85	282.05	1.294 times
18 Wed Dec 2024	288.30	291.75	293.00	287.65	0.715 times
17 Tue Dec 2024	293.00	299.85	299.85	292.10	0.921 times
16 Mon Dec 2024	297.95	300.95	301.70	295.80	0.952 times
13 Fri Dec 2024	301.70	302.00	305.15	296.00	0.845 times
12 Thu Dec 2024	302.15	307.05	307.45	301.30	0.816 times
11 Wed Dec 2024	307.45	303.45	308.95	302.10	1.189 times
10 Tue Dec 2024	303.50	302.30	306.70	300.85	0.946 times
09 Mon Dec 2024	303.45	300.95	304.20	299.10	1.273 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 291.3, but if it comes above 291.3, then a intra day buy could be more profitable.
If you take a sell trade below 291.3, then use 291.3 as stoploss and 285.2 as target. However if you take a buy trade in stock , then use 291.3 as stoploss and 296.37 as target.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	279.35
Upside 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	280.17
Downside Intraday Target	271.28
Upside Intraday Target	299.82
Upside Intraday Target	310.58
Upside Intraday Target	290.93

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	289.05	300.95	301.70	282.05	0.981 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
20 Fri Dec 2024	289.05	292.65	308.95	282.05	0.819 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 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 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.

Bharat Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a buy signal for Bharat Petroleum in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 298.41 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.