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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.

Showing technical analysis as on 2025-06-13 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 1516986

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Jun 2025	641.95	650.00	654.15	638.00	0.75 times
12 Thu Jun 2025	664.40	684.00	686.45	661.20	0.764 times
11 Wed Jun 2025	683.65	674.00	701.00	669.40	2.733 times
10 Tue Jun 2025	668.85	656.00	672.00	655.55	1.049 times
09 Mon Jun 2025	655.90	651.50	660.70	649.15	0.503 times
06 Fri Jun 2025	648.35	653.50	656.50	646.60	0.334 times
05 Thu Jun 2025	652.95	663.70	664.90	651.00	0.413 times
04 Wed Jun 2025	658.50	653.65	663.45	647.55	0.701 times
03 Tue Jun 2025	651.15	667.50	674.50	647.20	0.753 times
02 Mon Jun 2025	666.80	670.00	674.00	664.15	0.548 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 652, but if it comes above 652, then a intra day buy could be more profitable.
If you take a sell trade below 652, then use 652 as stoploss and 626.6 as target. However if you take a buy trade in stock , then use 652 as stoploss and 673.2 as target.

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	433.10
Downside Target	450.00
Downside Target	527.00
Downside Target	542.00
Downside Target	587.10
Downside Target	610.00
Downside Target	638.00
Upside Target	674.50
Upside Target	701.00
Upside Target	703.75
Upside Target	737.30

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	619.63
Downside Intraday Target	597.32
Upside Intraday Target	682.63
Upside Intraday Target	723.32
Upside Intraday Target	660.32

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Jun 2025	641.95	651.50	701.00	638.00	2.11 times
06 Fri Jun 2025	648.35	670.00	674.50	646.60	0.355 times
30 Fri May 2025	676.20	683.75	737.30	663.25	0.941 times
23 Fri May 2025	680.60	646.80	703.75	640.50	2.579 times
16 Fri May 2025	646.75	610.00	658.85	610.00	1.4 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Fri Jun 2025	641.95	670.00	701.00	638.00	0.389 times
30 Fri May 2025	676.20	608.50	737.30	587.10	1.09 times
30 Wed Apr 2025	612.30	615.00	664.10	527.00	0.319 times
28 Fri Mar 2025	615.10	450.15	664.50	433.10	11.592 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 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 green color and prices are in or below the green 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 positive zone. This is a BUY 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 665.95 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 positive

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