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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 2024-10-11 View latest technical analysis

10 day averaged volume of Tamilnadu Petroproducts is 180954

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	88.81	89.00	89.95	88.05	0.54 times
10 Thu Oct 2024	88.76	89.20	89.44	88.11	0.424 times
09 Wed Oct 2024	88.70	88.70	90.24	88.36	0.638 times
08 Tue Oct 2024	88.13	86.16	88.55	85.05	0.926 times
07 Mon Oct 2024	85.44	90.15	90.15	84.90	1.722 times
04 Fri Oct 2024	88.93	90.31	91.18	88.25	1.405 times
03 Thu Oct 2024	91.28	91.39	92.78	90.50	1.032 times
01 Tue Oct 2024	91.92	92.47	93.25	91.69	0.751 times
30 Mon Sep 2024	92.47	91.81	93.30	91.60	0.974 times
27 Fri Sep 2024	91.70	92.59	93.98	91.31	1.292 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 88.9, but if it comes above 88.9, then a intra day buy could be more profitable.
If you take a sell trade below 88.9, then use 88.9 as stoploss and 85.2 as target. However if you take a buy trade in stock , then use 88.9 as stoploss and 92 as target.

Share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Target	75.60
Downside Target	84.90
Downside Target	88.25
Upside Target	90.24
Upside Target	94.95
Upside Target	95.09
Upside Target	97.80
Upside Target	98.33
Upside Target	100.76
Upside Target	101.85
Upside Target	104.25
Upside Target	110.77

Intraday share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Intraday Target	85.73
Downside Intraday Target	82.64
Upside Intraday Target	91.07
Upside Intraday Target	93.32
Downside Intraday Target	87.98

Weekly technical analysis of Tamilnadu Petroproducts (TNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	88.81	90.15	90.24	84.90	1.021 times
04 Fri Oct 2024	88.93	91.81	93.30	88.25	0.877 times
27 Fri Sep 2024	91.70	93.50	94.95	91.31	0.746 times
20 Fri Sep 2024	92.80	97.40	98.33	92.00	1.199 times
13 Fri Sep 2024	97.15	97.44	97.80	94.25	0.604 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
11 Fri Oct 2024	88.81	92.47	93.25	84.90	0.284 times
30 Mon Sep 2024	92.47	99.80	100.76	91.31	0.423 times
30 Fri Aug 2024	99.22	102.05	104.25	90.50	0.332 times
31 Wed Jul 2024	101.58	95.38	110.77	95.09	2.23 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Tamilnadu Petroproducts in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Tamilnadu Petroproducts in short term but BUY signal is weak.

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

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 89.41 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.