(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 7780771
Date | Daily Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 585.80 | 578.00 | 589.90 | 564.20 | 1.349 times |
18 Thu Apr 2024 | 589.60 | 604.50 | 617.60 | 585.55 | 1.66 times |
16 Tue Apr 2024 | 592.30 | 585.00 | 600.00 | 578.55 | 0.742 times |
15 Mon Apr 2024 | 589.55 | 590.20 | 599.80 | 574.40 | 1.068 times |
12 Fri Apr 2024 | 601.20 | 604.75 | 612.85 | 599.00 | 0.862 times |
10 Wed Apr 2024 | 604.75 | 589.30 | 608.70 | 585.00 | 1.432 times |
09 Tue Apr 2024 | 585.75 | 597.20 | 597.20 | 583.50 | 0.584 times |
08 Mon Apr 2024 | 591.95 | 595.95 | 603.60 | 590.60 | 0.747 times |
05 Fri Apr 2024 | 590.45 | 593.55 | 594.30 | 580.25 | 1.128 times |
04 Thu Apr 2024 | 598.50 | 614.00 | 616.10 | 595.45 | 0.976 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 580 as stoploss in an intra day buy trade for a target of 592.99. However, stock will show a bearish move below 580.
Share price targets for Bharat Petroleum (BPCL)
Target Type | Value |
Downside Target | 432.45 |
Downside Target | 445.10 |
Downside Target | 482.50 |
Downside Target | 499.10 |
Downside Target | 517.85 |
Downside Target | 556.40 |
Downside Target | 580.25 |
Upside Target | 604.45 |
Upside Target | 612.85 |
Upside Target | 617.60 |
Upside Target | 620.30 |
Upside Target | 653.00 |
Upside Target | 687.95 |
Intraday share price targets for Bharat Petroleum (BPCL)
Target Type | Value |
Downside Intraday Target | 560.8 |
Downside Intraday Target | 535.8 |
Upside Intraday Target | 614.2 |
Upside Intraday Target | 642.6 |
Upside Intraday Target | 589.2 |
Weekly technical analysis of Bharat Petroleum (BPCL)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Fri Apr 2024 | 585.80 | 590.20 | 617.60 | 564.20 | 1.329 times |
12 Fri Apr 2024 | 601.20 | 595.95 | 612.85 | 583.50 | 0.802 times |
05 Fri Apr 2024 | 590.45 | 603.00 | 620.30 | 580.25 | 1.922 times |
28 Thu Mar 2024 | 602.40 | 586.40 | 611.75 | 585.35 | 0.415 times |
22 Fri Mar 2024 | 592.80 | 586.45 | 604.45 | 556.40 | 0.731 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 |
19 Fri Apr 2024 | 585.80 | 603.00 | 620.30 | 564.20 | 0.632 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 |
31 Wed Jan 2024 | 502.35 | 459.40 | 517.85 | 445.10 | 0.871 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bharat Petroleum ( (BPCL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Bharat Petroleum ( (BPCL) ) based on a mid to longer 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.
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 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 BUY signal in short term and the buying is gaining 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 593.17 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.
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bharat Petroleum ( (BPCL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Bharat Petroleum ( (BPCL) ) based on a mid to longer 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.
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 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 BUY signal in short term and the buying is gaining 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 593.17 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.
Click here for Bharat Petroleum charts
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Daily charts
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