Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-09-17 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 948839

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Sep 2025	739.80	751.70	761.00	738.15	0.593 times
16 Tue Sep 2025	751.90	750.00	760.00	747.55	0.502 times
15 Mon Sep 2025	751.90	733.00	754.80	733.00	0.652 times
12 Fri Sep 2025	734.85	744.00	749.65	730.25	0.67 times
11 Thu Sep 2025	742.65	727.95	764.90	723.80	3.319 times
10 Wed Sep 2025	725.35	723.50	744.00	720.00	1.105 times
09 Tue Sep 2025	723.20	702.90	729.00	702.90	1.666 times
08 Mon Sep 2025	702.40	702.00	714.00	698.05	0.464 times
05 Fri Sep 2025	702.40	694.00	703.30	685.10	0.495 times
04 Thu Sep 2025	692.85	708.00	708.00	689.10	0.466 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 732.8, but if it comes below 732.8, then a intra day sell could be more profitable.
If you take a sell trade below 732.8, then use 732.8 as stoploss and 696.84 as target. However if you take a buy trade in stock , then use 732.8 as stoploss and 776 as target.

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	587.10
Downside Target	603.10
Downside Target	620.85
Downside Target	639.80
Downside Target	666.30
Downside Target	698.05
Downside Target	710.00
Downside Target	733.00
Downside Target	737.30
Upside Target	761.00
Upside Target	764.90
Upside Target	799.70

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	728.2
Downside Intraday Target	716.6
Upside Intraday Target	756.2
Upside Intraday Target	772.6
Upside Intraday Target	744.6

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Sep 2025	739.80	733.00	761.00	733.00	0.242 times
12 Fri Sep 2025	734.85	702.00	764.90	698.05	1.276 times
05 Fri Sep 2025	702.40	642.00	710.00	642.00	3.707 times
29 Fri Aug 2025	645.40	660.00	666.30	639.80	0.304 times
22 Fri Aug 2025	659.20	644.00	678.00	620.85	2.103 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
17 Wed Sep 2025	739.80	642.00	764.90	642.00	1.053 times
29 Fri Aug 2025	645.40	680.70	682.00	620.85	0.159 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Chennai Petroleum in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 731.62 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 positive

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