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

(TNPETRO) Tamilnadu Petroproducts complete technical analysis [charts+indicators] | Buy/Sell Tamilnadu Petroproducts | (TNPETRO) share price targets

Complete technical analysis of Tamilnadu Petroproducts (TNPETRO) by charts plus indicators, forecast predictions and share price targets for Tamilnadu Petroproducts (TNPETRO)

Tamilnadu Petroproducts trades in NSE in Commodity Chemicals sector.

Showing technical analysis as on 2024-05-08 View latest technical analysis

10 day averaged volume of Tamilnadu Petroproducts is 280102

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	83.30	82.55	84.70	82.10	0.449 times
07 Tue May 2024	82.85	84.75	85.65	82.30	0.62 times
06 Mon May 2024	84.55	86.95	87.05	83.90	0.604 times
03 Fri May 2024	86.10	87.45	88.60	85.55	0.609 times
02 Thu May 2024	87.05	86.80	87.80	86.05	0.814 times
30 Tue Apr 2024	86.70	87.25	88.50	86.50	0.59 times
29 Mon Apr 2024	87.50	88.45	89.65	87.05	0.598 times
26 Fri Apr 2024	87.65	89.25	89.85	87.20	1.133 times
25 Thu Apr 2024	88.85	89.45	91.95	88.20	1.403 times
24 Wed Apr 2024	88.65	86.25	90.65	86.25	3.114 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 84.1, but if it comes above 84.1, then a intra day buy could be more profitable.
If you take a sell trade below 84.1, then use 84.1 as stoploss and 81.8 as target. However if you take a buy trade in stock , then use 84.1 as stoploss and 86 as target.

Share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Target	77.50
Downside Target	79.15
Downside Target	81.75
Upside Target	84.45
Upside Target	90.15
Upside Target	91.20
Upside Target	91.95
Upside Target	95.10
Upside Target	97.40
Upside Target	110.50
Upside Target	114.00

Intraday share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Intraday Target	81.25
Downside Intraday Target	79.2
Upside Intraday Target	86.2
Upside Intraday Target	89.1
Upside Intraday Target	84.15

Weekly technical analysis of Tamilnadu Petroproducts (TNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	83.30	86.95	87.05	82.10	0.641 times
03 Fri May 2024	86.10	88.45	89.65	85.55	0.389 times
26 Fri Apr 2024	87.65	84.45	91.95	84.45	1.71 times
19 Fri Apr 2024	83.65	84.00	86.60	81.75	1.13 times
12 Fri Apr 2024	85.80	90.15	90.15	85.45	0.43 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 Tamilnadu Petroproducts (TNPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	83.30	86.80	88.60	82.10	0.132 times
30 Tue Apr 2024	86.70	79.25	91.95	79.15	0.909 times
28 Thu Mar 2024	78.00	92.80	95.10	77.50	0.355 times
29 Thu Feb 2024	92.55	102.25	114.00	91.20	1.029 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 Tamilnadu Petroproducts (TNPETRO)

Price action analysis of Tamilnadu Petroproducts ( (TNPETRO) ) based on a short 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 Tamilnadu Petroproducts ( (TNPETRO) ) based on a short to mid 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 Tamilnadu Petroproducts ( (TNPETRO) ) based on a mid to longer 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.

ADX buy sell signal for Tamilnadu Petroproducts stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Tamilnadu Petroproducts in short term and the sell signal is strong.

Tamilnadu Petroproducts 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 moving up

CCI has generated a SELL signal for Tamilnadu Petroproducts in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Tamilnadu Petroproducts is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.24 and Tamilnadu Petroproducts (TNPETRO) 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 Tamilnadu Petroproducts (TNPETRO) stock. Volume based technical analysis of Tamilnadu Petroproducts (TNPETRO) stock is negative.

Tamilnadu Petroproducts Stock has given negative 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.