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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 2024-07-22 View latest technical analysis

10 day averaged volume of Tamilnadu Petroproducts is 2322707

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	103.33	99.90	105.95	98.16	0.731 times
19 Fri Jul 2024	100.64	106.00	106.60	100.22	0.595 times
18 Thu Jul 2024	105.66	107.79	110.77	105.00	2.074 times
16 Tue Jul 2024	106.45	97.80	108.90	97.69	4.253 times
15 Mon Jul 2024	97.17	97.25	98.44	96.10	0.14 times
12 Fri Jul 2024	97.64	100.00	100.68	97.25	0.204 times
11 Thu Jul 2024	99.76	97.09	102.30	97.00	1.006 times
10 Wed Jul 2024	96.59	100.00	100.30	96.00	0.475 times
09 Tue Jul 2024	99.14	96.13	102.10	96.13	0.942 times
08 Mon Jul 2024	96.13	96.96	97.79	95.25	0.189 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 102, but if it comes below 102, then a intra day sell could be more profitable.
If you take a sell trade below 102, then use 102 as stoploss and 98.92 as target. However if you take a buy trade in stock , then use 102 as stoploss and 105.6 as target.

Share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Target	75.60
Downside Target	77.50
Downside Target	79.15
Downside Target	89.00
Downside Target	91.95
Downside Target	95.09
Downside Target	98.16
Downside Target	101.85
Downside Target	102.30
Downside Target	102.60
Upside Target	105.95
Upside Target	110.77

Intraday share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Intraday Target	99.01
Downside Intraday Target	94.69
Upside Intraday Target	106.8
Upside Intraday Target	110.27
Downside Intraday Target	102.48

Weekly technical analysis of Tamilnadu Petroproducts (TNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	103.33	99.90	105.95	98.16	0.103 times
19 Fri Jul 2024	100.64	97.25	110.77	96.10	2.508 times
12 Fri Jul 2024	97.64	96.96	102.30	95.25	2.105 times
05 Fri Jul 2024	96.96	95.38	102.60	95.09	0.339 times
28 Fri Jun 2024	94.87	92.50	101.85	92.00	4.3 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
22 Mon Jul 2024	103.33	95.38	110.77	95.09	1.83 times
28 Fri Jun 2024	94.87	83.20	101.85	75.60	3.707 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Tamilnadu Petroproducts 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.

Tamilnadu Petroproducts 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. 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 moving up

CCI has generated a SELL signal for Tamilnadu Petroproducts 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 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 103.55 and Tamilnadu Petroproducts (TNPETRO) 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 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.