(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 13030440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Dec 2023 | 474.70 | 477.00 | 479.00 | 471.50 | 0.915 times |
| 06 Wed Dec 2023 | 472.85 | 481.00 | 482.50 | 468.30 | 1.052 times |
| 05 Tue Dec 2023 | 472.20 | 470.05 | 476.45 | 465.00 | 1.473 times |
| 04 Mon Dec 2023 | 461.50 | 445.00 | 464.80 | 444.00 | 1.592 times |
| 01 Fri Dec 2023 | 438.00 | 440.00 | 442.40 | 433.40 | 0.74 times |
| 30 Thu Nov 2023 | 435.70 | 434.50 | 438.75 | 429.05 | 1.256 times |
| 29 Wed Nov 2023 | 428.65 | 426.00 | 434.45 | 418.70 | 0.967 times |
| 28 Tue Nov 2023 | 424.50 | 414.05 | 425.90 | 413.10 | 0.89 times |
| 24 Fri Nov 2023 | 410.60 | 413.00 | 413.00 | 407.00 | 0.421 times |
| 23 Thu Nov 2023 | 411.30 | 403.55 | 413.50 | 400.65 | 0.623 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 486.3, for a target of 448.3 or 416.62
Share price targets for Bharat Petroleum (BPCL)
| Target Type | Value |
| Downside Target | 331.45 |
| Downside Target | 339.10 |
| Downside Target | 350.55 |
| Downside Target | 357.70 |
| Downside Target | 368.75 |
| Downside Target | 379.80 |
| Downside Target | 407.10 |
| Downside Target | 433.40 |
| Downside Target | 438.75 |
| Downside Target | 442.40 |
| Downside Target | 444.00 |
| Upside Target | 482.50 |
Intraday share price targets for Bharat Petroleum (BPCL)
| Target Type | Value |
| Downside Intraday Target | 451.63 |
| Downside Intraday Target | 428.57 |
| Upside Intraday Target | 490.13 |
| Upside Intraday Target | 505.57 |
| Downside Intraday Target | 467.07 |
Weekly technical analysis of Bharat Petroleum (BPCL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Dec 2023 | 474.70 | 445.00 | 482.50 | 444.00 | 1.306 times |
| 01 Fri Dec 2023 | 438.00 | 414.05 | 442.40 | 413.10 | 1.621 times |
| 24 Fri Nov 2023 | 410.60 | 390.65 | 413.50 | 386.60 | 1.272 times |
| 17 Fri Nov 2023 | 390.25 | 385.00 | 407.10 | 383.15 | 0.791 times |
| 10 Fri Nov 2023 | 384.05 | 362.80 | 390.65 | 361.35 | 0.989 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 |
| 07 Thu Dec 2023 | 474.70 | 440.00 | 482.50 | 433.40 | 0.531 times |
| 30 Thu Nov 2023 | 435.70 | 350.55 | 438.75 | 350.55 | 1.942 times |
| 31 Tue Oct 2023 | 349.25 | 348.50 | 357.70 | 331.45 | 0.77 times |
| 29 Fri Sep 2023 | 346.60 | 341.05 | 368.75 | 340.55 | 1.225 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 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 short 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bharat Petroleum in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bharat Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 448.67 and Bharat Petroleum (BPCL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.
Price action analysis of Bharat Petroleum ( (BPCL) ) based on a short 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 short 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bharat Petroleum in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Bharat Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 448.67 and Bharat Petroleum (BPCL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.
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