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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 2025-08-20 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 749235

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Aug 2025	659.45	660.00	676.40	655.00	1.59 times
19 Tue Aug 2025	656.15	628.90	658.60	628.90	1.657 times
18 Mon Aug 2025	627.05	644.00	644.10	620.85	1.145 times
14 Thu Aug 2025	633.35	651.25	655.75	631.65	0.745 times
13 Wed Aug 2025	651.25	663.75	664.70	649.60	0.425 times
12 Tue Aug 2025	660.80	659.10	668.00	653.90	0.817 times
11 Mon Aug 2025	659.10	644.20	662.85	638.70	1.043 times
08 Fri Aug 2025	643.50	640.00	662.30	633.30	1.3 times
07 Thu Aug 2025	641.15	631.35	643.35	626.40	0.771 times
06 Wed Aug 2025	634.65	640.00	646.90	629.25	0.882 times

My analysis of stock is bearish for shortterm, and stock might move down till 631.4 or till 582.3. Use a stoploss of 672.31 and if the stock hits stoploss, then it can shoot up till 713.22

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
Downside Target	652.80
Upside Target	676.40
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	628.07
Downside Intraday Target	596.68
Upside Intraday Target	683.62
Upside Intraday Target	707.78
Downside Intraday Target	652.23

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Aug 2025	659.45	644.00	676.40	620.85	1.449 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 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
20 Wed Aug 2025	659.45	680.70	682.00	620.85	0.124 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and BUY 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 647.74 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 rising upwards.

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 is giving positive 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.