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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 2024-08-08 View latest technical analysis

10 day averaged volume of Tamilnadu Petroproducts is 737697

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	93.76	96.00	96.70	93.10	0.361 times
07 Wed Aug 2024	95.60	95.05	96.66	93.06	0.535 times
06 Tue Aug 2024	93.27	94.25	99.60	91.30	0.58 times
05 Mon Aug 2024	95.56	96.00	97.90	94.27	0.873 times
02 Fri Aug 2024	100.07	98.80	101.80	98.00	1.05 times
01 Thu Aug 2024	99.70	102.05	102.76	99.15	0.951 times
31 Wed Jul 2024	101.58	103.99	106.17	100.52	1.366 times
30 Tue Jul 2024	103.51	102.85	105.13	102.77	0.89 times
29 Mon Jul 2024	102.77	104.70	105.85	102.50	0.741 times
26 Fri Jul 2024	104.01	104.10	107.18	103.50	0.991 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 92.2, for a target of 96.7 or 100.42

Share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Target	75.60
Downside Target	79.15
Downside Target	89.00
Downside Target	91.30
Upside Target	95.09
Upside Target	101.85
Upside Target	102.30
Upside Target	102.76
Upside Target	106.17
Upside Target	107.37
Upside Target	110.77

Intraday share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Intraday Target	90.17
Downside Intraday Target	86.59
Upside Intraday Target	98.47
Upside Intraday Target	103.19
Upside Intraday Target	94.89

Weekly technical analysis of Tamilnadu Petroproducts (TNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	93.76	96.00	99.60	91.30	0.47 times
02 Fri Aug 2024	100.07	104.70	106.17	98.00	0.665 times
26 Fri Jul 2024	104.01	99.90	107.37	98.00	0.338 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

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 Thu Aug 2024	93.76	102.05	102.76	91.30	0.095 times
31 Wed Jul 2024	101.58	95.38	110.77	95.09	2.23 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

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Tamilnadu Petroproducts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Tamilnadu Petroproducts in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 99.85 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 negative.

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