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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.

10 day averaged volume of Tamilnadu Petroproducts is 306488

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	88.85	89.45	91.95	88.20	1.282 times
24 Wed Apr 2024	88.65	86.25	90.65	86.25	2.846 times
23 Tue Apr 2024	86.15	86.50	86.85	85.20	0.471 times
22 Mon Apr 2024	85.80	84.45	86.20	84.45	0.499 times
19 Fri Apr 2024	83.65	82.50	85.00	82.00	0.733 times
18 Thu Apr 2024	84.30	85.45	86.60	83.30	0.876 times
16 Tue Apr 2024	84.65	82.35	85.85	82.35	0.882 times
15 Mon Apr 2024	82.90	84.00	86.15	81.75	1.096 times
12 Fri Apr 2024	85.80	87.80	89.30	85.45	1.303 times
10 Wed Apr 2024	87.70	87.70	88.75	87.15	0.891 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 88.7, but if it comes below 88.7, then a intra day sell could be more profitable.
If you take a sell trade below 88.7, then use 88.7 as stoploss and 85.36 as target. However if you take a buy trade in stock , then use 88.7 as stoploss and 92.7 as target.

Share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Target	77.50
Downside Target	79.15
Downside Target	81.75
Downside Target	88.80
Upside Target	91.20
Upside Target	91.95
Upside Target	95.10
Upside Target	97.40
Upside Target	108.40
Upside Target	110.50
Upside Target	114.00

Intraday share price targets for Tamilnadu Petroproducts (TNPETRO)

Target Type	Value
Downside Intraday Target	84.88
Downside Intraday Target	80.92
Upside Intraday Target	92.38
Upside Intraday Target	95.92
Downside Intraday Target	88.42

Weekly technical analysis of Tamilnadu Petroproducts (TNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	88.85	84.45	91.95	84.45	1.421 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
05 Fri Apr 2024	89.45	79.25	89.95	79.15	1.154 times
28 Thu Mar 2024	78.00	81.70	83.30	77.50	1.216 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
25 Thu Apr 2024	88.85	79.25	91.95	79.15	0.819 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
31 Wed Jan 2024	102.00	100.60	110.50	97.40	0.753 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 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 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 BUY. Signal strength is Strong 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 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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

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 86.42 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 negative.

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