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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.

10 day averaged volume of Chennai Petroleum is 2424197

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	666.80	670.00	674.00	664.15	0.343 times
30 Fri May 2025	676.20	723.10	723.65	663.25	1.378 times
29 Thu May 2025	721.65	724.00	737.30	719.05	0.748 times
28 Wed May 2025	719.05	686.00	727.90	681.00	2.068 times
27 Tue May 2025	684.05	687.20	689.90	674.00	0.372 times
26 Mon May 2025	686.85	683.75	692.00	676.10	0.282 times
23 Fri May 2025	680.60	686.00	690.00	677.70	0.327 times
22 Thu May 2025	684.20	691.00	698.50	676.30	0.508 times
21 Wed May 2025	691.45	680.90	696.75	669.90	1.082 times
20 Tue May 2025	675.00	661.00	703.75	644.80	2.554 times

My analysis of stock is bullish for shortterm, and stock might move up till 693 or till 738. Use a stoploss of 655.62 and if this stock hits its stoploss, then it can fall down till 618.2

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	433.10
Downside Target	450.00
Downside Target	527.00
Downside Target	542.00
Downside Target	587.10
Downside Target	610.00
Downside Target	636.95
Downside Target	658.85
Downside Target	664.50
Upside Target	674.00
Upside Target	703.75
Upside Target	737.30

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	662.63
Downside Intraday Target	658.47
Upside Intraday Target	672.48
Upside Intraday Target	678.17
Upside Intraday Target	668.32

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	666.80	670.00	674.00	664.15	0.071 times
30 Fri May 2025	676.20	683.75	737.30	663.25	0.941 times
23 Fri May 2025	680.60	646.80	703.75	640.50	2.579 times
16 Fri May 2025	646.75	610.00	658.85	610.00	1.4 times
09 Fri May 2025	591.90	625.00	636.95	587.10	0.974 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
02 Mon Jun 2025	666.80	670.00	674.00	664.15	0.025 times
30 Fri May 2025	676.20	608.50	737.30	587.10	1.09 times
30 Wed Apr 2025	612.30	615.00	664.10	527.00	0.319 times
28 Fri Mar 2025	615.10	450.15	664.50	433.10	11.592 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 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 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 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.

ADX buy sell signal for Chennai Petroleum stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 691.13 and Chennai Petroleum (CHENNPETRO) stock is trading below this level. This means that stock is falling with high volumes. 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.