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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 2025-08-18 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 695596

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Aug 2025	627.05	644.00	644.10	620.85	1.233 times
14 Thu Aug 2025	633.35	651.25	655.75	631.65	0.803 times
13 Wed Aug 2025	651.25	663.75	664.70	649.60	0.458 times
12 Tue Aug 2025	660.80	659.10	668.00	653.90	0.88 times
11 Mon Aug 2025	659.10	644.20	662.85	638.70	1.124 times
08 Fri Aug 2025	643.50	640.00	662.30	633.30	1.4 times
07 Thu Aug 2025	641.15	631.35	643.35	626.40	0.831 times
06 Wed Aug 2025	634.65	640.00	646.90	629.25	0.95 times
05 Tue Aug 2025	638.95	650.00	654.90	632.60	1.307 times
04 Mon Aug 2025	649.10	656.00	656.40	641.85	1.034 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 632.6, but if it comes above 632.6, then a intra day buy could be more profitable.
If you take a sell trade below 632.6, then use 632.6 as stoploss and 569.9 as target. However if you take a buy trade in stock , then use 632.6 as stoploss and 684.87 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	620.85
Upside Target	675.00
Upside Target	682.00
Upside Target	708.00
Upside Target	729.50
Upside Target	737.30
Upside Target	799.70

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	617.23
Downside Intraday Target	607.42
Upside Intraday Target	640.48
Upside Intraday Target	653.92
Upside Intraday Target	630.67

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Aug 2025	627.05	644.00	644.10	620.85	0.378 times
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

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
18 Mon Aug 2025	627.05	680.70	682.00	620.85	0.094 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 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 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 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 but selling 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 643.24 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.