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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.

10 day averaged volume of Bharat Petroleum is 9975415

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	605.95	612.40	617.70	602.15	0.642 times
13 Mon May 2024	606.90	624.95	624.95	591.80	1.148 times
10 Fri May 2024	618.65	615.00	621.95	601.55	2.214 times
09 Thu May 2024	592.15	625.00	625.00	590.05	0.999 times
08 Wed May 2024	620.30	608.00	624.30	603.45	0.699 times
07 Tue May 2024	604.30	622.50	628.45	602.00	0.998 times
06 Mon May 2024	610.25	635.00	635.20	606.15	0.475 times
03 Fri May 2024	629.85	640.00	641.70	625.10	0.451 times
02 Thu May 2024	634.65	618.00	637.05	614.50	1.592 times
30 Tue Apr 2024	607.35	624.00	624.55	603.40	0.628 times

My analysis of stock is bullish for shortterm, and stock might move up till 618.9 or till 635. Use a stoploss of 605.45 and if this stock hits its stoploss, then it can fall down till 592

Share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Target	445.10
Downside Target	499.10
Downside Target	517.85
Downside Target	556.40
Downside Target	588.05
Upside Target	624.55
Upside Target	624.95
Upside Target	635.20
Upside Target	641.70
Upside Target	653.00
Upside Target	687.95

Intraday share price targets for Bharat Petroleum (BPCL)

Target Type	Value
Downside Intraday Target	590.18
Downside Intraday Target	574.42
Upside Intraday Target	623.33
Upside Intraday Target	640.72
Upside Intraday Target	607.57

Weekly technical analysis of Bharat Petroleum (BPCL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	605.95	624.95	624.95	591.80	0.332 times
10 Fri May 2024	618.65	635.00	635.20	590.05	1.552 times
03 Fri May 2024	629.85	614.95	641.70	603.40	1.098 times
26 Fri Apr 2024	609.45	594.85	614.70	588.05	0.84 times
19 Fri Apr 2024	585.80	590.20	617.60	564.20	1.329 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
14 Tue May 2024	605.95	618.00	641.70	590.05	0.627 times
30 Tue Apr 2024	607.35	603.00	624.55	564.20	0.918 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

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 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 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 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 but the sell 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 614.4 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.