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(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 752823

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Aug 2025	633.35	651.25	655.75	631.65	0.742 times
13 Wed Aug 2025	651.25	663.75	664.70	649.60	0.423 times
12 Tue Aug 2025	660.80	659.10	668.00	653.90	0.813 times
11 Mon Aug 2025	659.10	644.20	662.85	638.70	1.038 times
08 Fri Aug 2025	643.50	640.00	662.30	633.30	1.293 times
07 Thu Aug 2025	641.15	631.35	643.35	626.40	0.768 times
06 Wed Aug 2025	634.65	640.00	646.90	629.25	0.878 times
05 Tue Aug 2025	638.95	650.00	654.90	632.60	1.208 times
04 Mon Aug 2025	649.10	656.00	656.40	641.85	0.956 times
01 Fri Aug 2025	656.50	680.70	682.00	652.80	1.12 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 638.2, but if it comes above 638.2, then a intra day buy could be more profitable.
If you take a sell trade below 638.2, then use 638.2 as stoploss and 573 as target. However if you take a buy trade in stock , then use 638.2 as stoploss and 692.49 as target.

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	527.00
Downside Target	587.10
Downside Target	603.10
Downside Target	626.40
Upside Target	652.80
Upside Target	708.00
Upside Target	711.60
Upside Target	729.50
Upside Target	737.30
Upside Target	788.00
Upside Target	799.70

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	620.67
Downside Intraday Target	607.98
Upside Intraday Target	657.02
Upside Intraday Target	680.68
Upside Intraday Target	644.33

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Aug 2025	633.35	644.20	668.00	631.65	0.591 times
08 Fri Aug 2025	643.50	656.00	662.30	626.40	0.349 times
01 Fri Aug 2025	656.50	685.05	729.50	652.80	0.701 times
25 Fri Jul 2025	687.60	750.00	799.70	675.00	1.299 times
18 Fri Jul 2025	779.40	713.00	788.00	711.60	1.128 times

Price has moved down 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
14 Thu Aug 2025	633.35	680.70	682.00	626.40	0.084 times
31 Thu Jul 2025	682.65	684.05	799.70	675.00	1.841 times
30 Mon Jun 2025	679.40	670.00	708.00	603.10	1.351 times
30 Fri May 2025	676.20	608.50	737.30	587.10	1.09 times

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) 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.

Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) 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.

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

ADX buy sell signal for Chennai Petroleum stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Chennai 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Chennai Petroleum in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Chennai 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 646.84 and Chennai Petroleum (CHENNPETRO) 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 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 negative.

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