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2022 Bharat Petroleum (BPCL) technical analysis [forecast] stock price targets

Bharat Petroleum technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Bharat Petroleum deals in Refineries Bharat Petroleum option chain analysis

Date Close Open High Low Volume
27 Thu Jan 382.20 385.00 385.25 375.00 57.37 lakhs
25 Tue Jan 382.55 372.10 383.80 368.00 49.53 lakhs
24 Mon Jan 373.10 381.40 383.85 370.10 53.34 lakhs
21 Fri Jan 381.70 393.80 396.05 380.00 51.55 lakhs
20 Thu Jan 393.05 395.00 397.55 390.20 32.48 lakhs
BPCL chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 382.4, but if it comes above 382.4, then a intra day buy could be more profitable.
If you take a sell trade below 382.4, then use 382.4 as stoploss and 373.5 as target. However if you take a buy trade in stock , then use 382.4 as stoploss and 389.91 as target.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of BPCL based on a short to mid term time period is

  • Daily Price action analysis of BPCL based on a 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.

Intraday technical analysis of Bharat Petroleum

Stock is trading at 390.00 as on 28 Fri Jan 10:45

Day open is at 384.95, day high is at 393.50, day low is at 384.20, and day volume is at 197.06 lakhs so far.

First 15 minute high low range is 384.20 - 388.85

First hour high low range is 384.20 - 392.80

Date Intraday Price Open High Low Volume
28 Fri Jan 10:45 390.00 384.95 393.50 384.20 1630463
28 Fri Jan 10:40 389.80 384.95 393.50 384.20 1591704
28 Fri Jan 10:35 390.70 384.95 393.50 384.20 1483141
28 Fri Jan 10:30 391.15 384.95 393.50 384.20 1425873
28 Fri Jan 10:25 391.40 384.95 393.50 384.20 1404826
Intraday BPCL chart

Trend of Bharat Petroleum is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Bharat Petroleum (BPCL) intraday stock price targets

  • EntEntry: 386.53 or 379.3625
  • Upside target: 388.85
  • Downside target : 379.55
  • Second Upside target: 383.73
  • Second Downside target : 373.48

Bharat Petroleum (BPCL) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 382.20 381.40 368.00
385.25
160.241 lakhs
21 Fri Jan 381.70 401.00 380.00
406.90
250.229 lakhs
14 Fri Jan 398.45 399.00 386.55
399.95
178.437 lakhs
07 Fri Jan 396.20 384.00 383.45
402.90
259.516 lakhs
31 Fri Dec 385.45 370.95 367.50
387.40
196.474 lakhs
weekly BPCL chart

Weekly forecast of Bharat Petroleum is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Bharat Petroleum 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.

Weekly Price action analysis of Bharat Petroleum 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.

Bharat Petroleum (BPCL) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Thu Jan 382.20 384.00 368.00
406.90
848.424 lakhs
31 Fri Dec 385.45 372.75 357.40
401.50
1161.416 lakhs
30 Tue Nov 370.00 428.00 367.00
434.00
899.934 lakhs
29 Fri Oct 417.70 431.90 413.60
470.00
1070.713 lakhs
30 Thu Sep 432.20 473.25 412.05
503.00
1682.258 lakhs
monthly BPCL chart

Monthly forecast of Bharat Petroleum is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Bharat Petroleum 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.

Monthly Price action analysis of Bharat Petroleum based on a short to mid term time period is

Bharat Petroleum Daily stock price targets

  • Upside daily target: 402.93
  • Upside daily target: 383.73
  • Downside daily target: 364.73

Bharat Petroleum Weekly stock price targets

  • Upside weekly target: 409.48
  • Upside weekly target: 389.83
  • Downside weekly target: 367.4

Bharat Petroleum Monthly stock price targets

  • Upside monthly target: 516.3
  • Upside monthly target: 491.4
  • Upside monthly target: 467.6
  • Upside monthly target: 443.85
  • Upside monthly target: 415.53
  • Upside monthly target: 394.55
  • Downside monthly target: 371.43
  • Downside monthly target: 335

Bharat Petroleum (BPCL) indicators technical analysis

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.

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 in or above 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 389.4 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 negative.

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

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