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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 2025-08-08 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 1970172

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Aug 2025	643.50	640.00	662.30	633.30	0.494 times
07 Thu Aug 2025	641.15	631.35	643.35	626.40	0.293 times
06 Wed Aug 2025	634.65	640.00	646.90	629.25	0.336 times
05 Tue Aug 2025	638.95	650.00	654.90	632.60	0.462 times
04 Mon Aug 2025	649.10	656.00	656.40	641.85	0.365 times
01 Fri Aug 2025	656.50	680.70	682.00	652.80	0.428 times
31 Thu Jul 2025	682.65	691.30	695.70	678.25	0.574 times
30 Wed Jul 2025	699.40	706.00	716.85	689.05	0.807 times
29 Tue Jul 2025	705.30	718.95	719.70	699.00	0.569 times
28 Mon Jul 2025	720.90	685.05	729.50	681.00	3.201 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 657.9, but if it comes above 657.9, then a intra day buy could be more profitable.
If you take a sell trade below 657.9, then use 657.9 as stoploss and 595 as target. However if you take a buy trade in stock , then use 657.9 as stoploss and 710.37 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	715.05
Upside Target	729.50
Upside Target	737.30
Upside Target	782.00
Upside Target	788.00
Upside Target	799.70

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	625.83
Downside Intraday Target	608.17
Upside Intraday Target	661.73
Upside Intraday Target	679.97
Upside Intraday Target	644.07

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
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
11 Fri Jul 2025	719.30	767.00	782.00	715.05	0.305 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
08 Fri Aug 2025	643.50	680.70	682.00	626.40	0.057 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Chennai Petroleum stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Chennai Petroleum in short term but BUY signal is weak.

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

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 690.3 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.