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(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 2024-06-13 View latest technical analysis

10 day averaged volume of Tamilnadu Petroproducts is 256331

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	87.13	87.60	88.18	86.60	0.893 times
12 Wed Jun 2024	86.71	86.95	87.85	86.10	0.816 times
11 Tue Jun 2024	86.47	86.50	88.00	85.70	1.464 times
10 Mon Jun 2024	85.70	84.80	87.00	84.41	1.765 times
07 Fri Jun 2024	83.80	83.35	85.00	82.80	0.819 times
06 Thu Jun 2024	82.95	82.80	83.90	79.15	0.664 times
05 Wed Jun 2024	81.90	81.00	82.50	78.50	0.723 times
04 Tue Jun 2024	80.70	82.50	83.50	75.60	1.937 times
03 Mon Jun 2024	82.55	83.20	84.50	82.25	0.679 times
31 Fri May 2024	82.45	83.15	84.05	81.75	0.615 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 87.2 as stoploss in an intra day sell trade for a target of 85.04. However, stock will show a bullish move above 87.2.

Share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Target	75.60
Downside Target	77.50
Downside Target	79.15
Downside Target	84.41
Upside Target	88.18
Upside Target	89.00
Upside Target	91.20
Upside Target	91.95
Upside Target	95.10
Upside Target	114.00

Intraday share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Intraday Target	84.97
Downside Intraday Target	82.8
Upside Intraday Target	88.74
Upside Intraday Target	90.34
Downside Intraday Target	86.57

Weekly technical analysis of Tamilnadu Petroproducts (TNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	87.13	84.80	88.18	84.41	1.024 times
07 Fri Jun 2024	83.80	83.20	85.00	75.60	1.052 times
31 Fri May 2024	82.45	87.35	88.10	81.75	1.249 times
24 Fri May 2024	87.20	87.20	89.00	86.35	1.057 times
18 Sat May 2024	87.05	82.20	87.80	80.70	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 Tamilnadu Petroproducts (TNPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	87.13	83.20	88.18	75.60	0.612 times
31 Fri May 2024	82.45	86.80	89.00	80.70	0.625 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

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 Tamilnadu Petroproducts (TNPETRO)

Price action analysis of Tamilnadu Petroproducts ( (TNPETRO) ) 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 Tamilnadu Petroproducts ( (TNPETRO) ) based on a short to mid 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 Tamilnadu Petroproducts ( (TNPETRO) ) 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 Tamilnadu Petroproducts stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Tamilnadu Petroproducts 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.

Tamilnadu Petroproducts 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Tamilnadu Petroproducts 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 Tamilnadu Petroproducts is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.09 and Tamilnadu Petroproducts (TNPETRO) 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 Tamilnadu Petroproducts (TNPETRO) stock. Volume based technical analysis of Tamilnadu Petroproducts (TNPETRO) stock is negative.

Tamilnadu Petroproducts 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.