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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 2025-08-21 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 777428

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Aug 2025	663.60	660.50	678.00	657.10	1.431 times
20 Wed Aug 2025	659.45	660.00	676.40	655.00	1.532 times
19 Tue Aug 2025	656.15	628.90	658.60	628.90	1.597 times
18 Mon Aug 2025	627.05	644.00	644.10	620.85	1.103 times
14 Thu Aug 2025	633.35	651.25	655.75	631.65	0.718 times
13 Wed Aug 2025	651.25	663.75	664.70	649.60	0.41 times
12 Tue Aug 2025	660.80	659.10	668.00	653.90	0.787 times
11 Mon Aug 2025	659.10	644.20	662.85	638.70	1.006 times
08 Fri Aug 2025	643.50	640.00	662.30	633.30	1.252 times
07 Thu Aug 2025	641.15	631.35	643.35	626.40	0.743 times

My analysis of stock is bearish for shortterm, and stock might move down till 633.6 or till 594. Use a stoploss of 666.6 and if the stock hits stoploss, then it can shoot up till 699.6

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	678.00
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	630.3
Downside Intraday Target	597
Upside Intraday Target	687.45
Upside Intraday Target	711.3
Downside Intraday Target	654.15

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Aug 2025	663.60	644.00	678.00	620.85	1.939 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, 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
21 Thu Aug 2025	663.60	680.70	682.00	620.85	0.137 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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 BUY signal for Chennai Petroleum in short term but the buy signal is initial and weak.

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

Chennai Petroleum Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 650.94 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.