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2021 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
17 Fri Sep 436.25 441.00 442.00 432.10 120.08 lakhs
16 Thu Sep 439.05 437.50 442.05 435.55 173.75 lakhs
15 Wed Sep 489.95 494.00 494.95 488.10 113.74 lakhs
14 Tue Sep 493.10 501.00 503.00 490.50 120.91 lakhs
13 Mon Sep 498.10 494.00 499.25 491.50 107.3 lakhs
BPCL chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 433.7, for a target of 455.2 or 473.21

  • Daily Price action analysis of BPCL 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

  • 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Intraday technical analysis of Bharat Petroleum

Stock is trading at 427.90 as on 20 Mon Sep 10:30

Day open is at 431.05, day high is at 433.65, day low is at 427.60, and day volume is at 253.22 lakhs so far.

First 15 minute high low range is 430.20 - 433.65

First hour high low range is 428.20 - 433.65

Date Intraday Price Open High Low Volume
20 Mon Sep 10:30 427.90 431.05 433.65 427.60 2487121
20 Mon Sep 10:25 428.05 431.05 433.65 427.60 2420270
20 Mon Sep 10:20 428.85 431.05 433.65 428.20 2263220
20 Mon Sep 10:15 428.90 431.05 433.65 428.20 2217753
20 Mon Sep 10:10 429.20 431.05 433.65 428.20 2167553
Intraday BPCL chart

Prices of Bharat Petroleum are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Bharat Petroleum (BPCL) intraday stock price targets

  • EntEntry: 431.93 or 435.6125
  • Upside target: 433.65
  • Downside target : 426.75
  • Second Upside target: 439.13
  • Second Downside target : 429.23

Bharat Petroleum (BPCL) weekly technical analysis

Date Weekly Close Open Range Volume
17 Fri Sep 436.25 494.00 432.10
503.00
635.797 lakhs
09 Thu Sep 491.15 495.95 481.00
496.50
250.472 lakhs
03 Fri Sep 491.30 474.90 468.35
494.00
311.03 lakhs
27 Fri Aug 471.30 458.70 448.10
473.70
261.315 lakhs
20 Fri Aug 455.20 458.50 453.00
469.75
261.95 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Bharat Petroleum (BPCL) Monthly technical analysis

Date Monthly Close Open Range Volume
17 Fri Sep 436.25 473.25 432.10
503.00
1062.138 lakhs
31 Tue Aug 471.65 448.05 440.55
475.85
1095.025 lakhs
30 Fri Jul 445.50 468.10 444.90
468.90
793.428 lakhs
30 Wed Jun 468.10 473.40 465.00
493.90
992.1 lakhs
31 Mon May 472.00 419.00 415.40
488.00
2218.739 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Monthly Price action analysis of Bharat Petroleum 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.

Bharat Petroleum Daily stock price targets

  • Upside daily target: 502.55
  • Upside daily target: 475.23
  • Upside daily target: 443.8

Bharat Petroleum Weekly stock price targets

  • Upside weekly target: 505.48
  • Upside weekly target: 479.83
  • Upside weekly target: 456.95
  • Downside weekly target: 398.73

Bharat Petroleum Monthly stock price targets

  • Upside monthly target: 516.3
  • Upside monthly target: 491.4
  • Upside monthly target: 465.98
  • Upside monthly target: 443.7
  • Downside monthly target: 421.3
  • Downside monthly target: 398.73
  • Downside monthly target: 369.05

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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Bharat Petroleum in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 475.1 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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