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2020 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
24 Tue Nov 389.75 398.00 399.50 388.35 71.19 lakhs
23 Mon Nov 394.45 386.00 395.55 383.00 91.85 lakhs
20 Fri Nov 383.30 387.70 389.90 378.55 94.64 lakhs
19 Thu Nov 383.70 383.05 395.50 382.05 165.91 lakhs
18 Wed Nov 383.05 394.45 394.45 377.35 210.87 lakhs
BPCL chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 395.6 as stoploss in an intra day sell trade for a target of 374.97. However, stock will show a bullish move above 395.6.

  • 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 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.

  • 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 384.90 as on 25 Wed Nov 13:10

Day open is at 391.00, day high is at 393.40, day low is at 383.60, and day volume is at 1392.43 lakhs so far.

First 15 minute high low range is 388.60 - 393.40

First hour high low range is 388.60 - 393.40

Date Intraday Price Open High Low Volume
25 Wed Nov 13:10 384.90 391.00 393.40 383.60 4961989
25 Wed Nov 13:05 384.90 391.00 393.40 383.60 4875875
25 Wed Nov 13:00 385.25 391.00 393.40 383.60 4802634
25 Wed Nov 12:55 385.40 391.00 393.40 383.60 4704645
25 Wed Nov 12:50 386.80 391.00 393.40 383.60 4637072
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: 391 or 391.4875
  • Upside target: 393.4
  • Downside target : 383.8
  • Second Upside target: 394.63
  • Second Downside target : 383.48

Bharat Petroleum (BPCL) weekly technical analysis

Date Weekly Close Open Range Volume
24 Tue Nov 389.75 386.00 383.00
399.50
163.037 lakhs
20 Fri Nov 383.30 397.55 377.35
415.00
776.964 lakhs
13 Fri Nov 394.00 368.25 365.50
400.40
474.1 lakhs
06 Fri Nov 362.45 353.80 344.20
370.05
345.271 lakhs
30 Fri Oct 354.45 351.55 338.20
359.45
374.996 lakhs
weekly BPCL chart

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

Weekly Price action analysis of Bharat Petroleum 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.

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
24 Tue Nov 389.75 353.80 344.20
415.00
1759.372 lakhs
30 Fri Oct 354.45 358.00 325.00
363.05
1780.686 lakhs
30 Wed Sep 353.05 407.95 348.80
436.00
2248.953 lakhs
31 Mon Aug 407.80 414.00 391.00
434.10
2513.398 lakhs
31 Fri Jul 413.80 377.00 360.30
481.00
3247.493 lakhs
monthly BPCL chart

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

Monthly Price action analysis of Bharat Petroleum based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Monthly Price action analysis of Bharat Petroleum based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Bharat Petroleum Daily stock price targets

  • Upside daily target: 423.75
  • Upside daily target: 401.28
  • Downside daily target: 381.93

Bharat Petroleum Weekly stock price targets

  • Upside weekly target: 414.65
  • Upside weekly target: 392.94
  • Downside weekly target: 373.9
  • Downside weekly target: 354.68
  • Downside weekly target: 334.94

Bharat Petroleum Monthly stock price targets

  • Upside monthly target: 507.75
  • Upside monthly target: 468.18
  • Upside monthly target: 444.34
  • Upside monthly target: 420.95
  • Upside monthly target: 394.53
  • Downside monthly target: 371.66
  • Downside monthly target: 353.5
  • Downside monthly target: 328.58
  • Downside monthly target: 307.33
  • Downside monthly target: 281.1
  • Downside monthly target: 183.25

Bharat Petroleum (BPCL) indicators technical analysis

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.

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.

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 getting stronger in this stock.

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 and BUY 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 391.11 and Bharat Petroleum BPCL stock is trading below this level. This means that stock is falling with high volumes. 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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