Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(CHENNPETRO) Chennai Petroleum complete technical analysis [charts+indicators] | Buy/Sell Chennai Petroleum | (CHENNPETRO) share price targets

Complete technical analysis of Chennai Petroleum (CHENNPETRO) by charts plus indicators, forecast predictions and share price targets for Chennai Petroleum (CHENNPETRO)

Chennai Petroleum trades in NSE in Refineries sector.

10 day averaged volume of Chennai Petroleum is 2984958

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	616.20	612.35	628.40	605.80	0.49 times
09 Wed Apr 2025	606.80	616.00	622.30	598.15	0.787 times
08 Tue Apr 2025	610.00	606.00	616.60	594.15	0.469 times
07 Mon Apr 2025	594.50	527.00	625.65	527.00	1.058 times
04 Fri Apr 2025	608.80	611.95	625.40	593.55	1.071 times
03 Thu Apr 2025	610.25	600.00	619.15	596.00	0.285 times
02 Wed Apr 2025	608.45	602.60	614.25	586.60	0.408 times
01 Tue Apr 2025	599.95	615.00	615.00	595.60	0.346 times
28 Fri Mar 2025	615.10	625.50	642.95	610.15	0.415 times
27 Thu Mar 2025	626.15	630.20	634.00	614.25	0.659 times

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 625.5 as stoploss in an intra day sell trade for a target of 600.25. However, stock will show a bullish move above 625.5.

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	433.10
Downside Target	450.00
Downside Target	500.05
Downside Target	527.00
Downside Target	542.00
Downside Target	555.45
Downside Target	577.50
Downside Target	608.45
Upside Target	625.40
Upside Target	643.70
Upside Target	647.35
Upside Target	657.80
Upside Target	664.50

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	552.67
Downside Intraday Target	489.13
Upside Intraday Target	654.07
Upside Intraday Target	691.93
Downside Intraday Target	590.53

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	616.20	527.00	628.40	527.00	1.329 times
04 Fri Apr 2025	608.80	615.00	625.40	586.60	0.28 times
28 Fri Mar 2025	615.10	640.00	664.50	608.45	1.356 times
21 Fri Mar 2025	632.95	570.15	643.70	555.45	0.496 times
13 Thu Mar 2025	570.15	527.00	577.50	500.05	1.418 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 Chennai Petroleum (CHENNPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	616.20	615.00	628.40	527.00	0.153 times
28 Fri Mar 2025	615.10	450.15	664.50	433.10	11.592 times
28 Fri Feb 2025	451.60	535.00	542.00	450.00	0.398 times
31 Fri Jan 2025	541.45	625.80	647.35	508.40	0.561 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 Chennai Petroleum (CHENNPETRO)

Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Chennai Petroleum in short term but the sell signal is initial and weak.

Chennai 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. Bulls are getting stronger in this stock.

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 Chennai 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 negative zone. This is the SELL zone

Stock of Chennai 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 608.59 and Chennai Petroleum (CHENNPETRO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Chennai Petroleum (CHENNPETRO) stock. Volume based technical analysis of Chennai Petroleum (CHENNPETRO) stock is negative.

Chennai Petroleum Stock has given negative 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.