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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
01 Mon Mar 455.25 456.00 463.85 450.10 60.93 lakhs
26 Fri Feb 449.85 454.95 466.35 440.25 184.42 lakhs
25 Thu Feb 461.55 441.95 467.80 441.85 188.11 lakhs
24 Wed Feb 438.70 440.00 445.00 436.10 59.91 lakhs
23 Tue Feb 435.25 428.00 442.70 425.80 143.98 lakhs
BPCL chart

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 458.2, for a target of 440.8 or 426.29

  • Daily Price action analysis of 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.

  • 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 479.30 as on 02 Tue Mar 9:45

Day open is at 474.50, day high is at 480.00, day low is at 467.70, and day volume is at 409.98 lakhs so far.

First 15 minute high low range is 467.70 - 478.60

First hour high low range is 467.70 - 480.00

Date Intraday Price Open High Low Volume
02 Tue Mar 9:45 479.30 474.50 480.00 467.70 9810671
02 Tue Mar 9:40 475.25 474.50 478.60 467.70 8575317
02 Tue Mar 9:35 472.40 474.50 478.60 467.70 7113660
02 Tue Mar 9:30 470.75 474.50 478.60 467.70 6454001
02 Tue Mar 9:25 473.80 474.50 478.60 467.70 5481703
Intraday BPCL chart

Prices of Bharat Petroleum are definitely rising in intraday. Look for buy opportunities.

Take a trade after 9:30am only.

Bharat Petroleum (BPCL) intraday stock price targets

  • EntEntry: 473.15 or 454.825
  • Upside target: 478.6
  • Downside target : 456.8
  • Second Upside target: 459.55
  • Second Downside target : 445.8

Bharat Petroleum (BPCL) weekly technical analysis

Date Weekly Close Open Range Volume
01 Mon Mar 455.25 456.00 450.10
463.85
60.928 lakhs
26 Fri Feb 449.85 429.30 418.00
467.80
673.312 lakhs
19 Fri Feb 430.00 422.80 401.55
444.80
647.077 lakhs
12 Fri Feb 418.10 420.00 409.05
438.05
496.807 lakhs
05 Fri Feb 415.00 388.00 380.60
422.50
427.851 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 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 (BPCL) Monthly technical analysis

Date Monthly Close Open Range Volume
01 Mon Mar 455.25 456.00 450.10
463.85
60.928 lakhs
26 Fri Feb 449.85 388.00 380.60
467.80
2245.047 lakhs
29 Fri Jan 383.60 381.10 376.25
430.00
1642.453 lakhs
31 Thu Dec 381.10 374.90 357.00
409.25
1777.403 lakhs
27 Fri Nov 373.00 353.80 344.20
415.00
2056.659 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Monthly 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 Daily stock price targets

  • Upside daily target: 477.65
  • Downside daily target: 454.83
  • Downside daily target: 432.95
  • Downside daily target: 411.65

Bharat Petroleum Weekly stock price targets

  • Upside weekly target: 483.73
  • Upside weekly target: 459.55
  • Downside weekly target: 433.93
  • Downside weekly target: 410.15
  • Downside weekly target: 387.75
  • Downside weekly target: 366.63

Bharat Petroleum Monthly stock price targets

  • Upside monthly target: 507.75
  • Upside monthly target: 459.55
  • Downside monthly target: 434.03
  • Downside monthly target: 405.98
  • Downside monthly target: 379.93
  • Downside monthly target: 358.75
  • Downside monthly target: 320.7

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 losing 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 red color and prices are in or above the red 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

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 437.48 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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