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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 2024-12-24 View latest technical analysis

10 day averaged volume of Bharat Petroleum is 8696770

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	292.00	289.95	295.45	287.35	0.913 times
23 Mon Dec 2024	289.10	292.00	294.90	288.00	0.784 times
20 Fri Dec 2024	289.05	293.55	299.20	287.00	1.148 times
19 Thu Dec 2024	294.55	282.05	295.85	282.05	1.359 times
18 Wed Dec 2024	288.30	291.75	293.00	287.65	0.751 times
17 Tue Dec 2024	293.00	299.85	299.85	292.10	0.968 times
16 Mon Dec 2024	297.95	300.95	301.70	295.80	1 times
13 Fri Dec 2024	301.70	302.00	305.15	296.00	0.888 times
12 Thu Dec 2024	302.15	307.05	307.45	301.30	0.857 times
11 Wed Dec 2024	307.45	303.45	308.95	302.10	1.25 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 290.5 as stoploss in an intra day buy trade for a target of 295.91. However, stock will show a bearish move below 290.5.

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	279.35
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	287.75
Downside Intraday Target	283.5
Upside Intraday Target	295.85
Upside Intraday Target	299.7
Downside Intraday Target	291.6

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	292.00	292.00	295.45	287.35	0.325 times
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

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
24 Tue Dec 2024	292.00	292.65	308.95	282.05	0.909 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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 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 moving up

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

Stock of Bharat Petroleum is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 295.89 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.