(CHENNPETRO) Chennai Petroleum complete technical analysis [charts+indicators] | Buy/Sell Chennai Petroleum | (CHENNPETRO) share price targets
Complete technical analysis of Chennai Petroleum (CHENNPETRO) by charts plus indicators, forecast predictions and share price targets for Chennai Petroleum (CHENNPETRO)
Chennai Petroleum trades in NSE in Refineries sector.
10 day averaged volume of Chennai Petroleum is 3175336
Date | Daily Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 1017.00 | 1020.05 | 1033.00 | 1012.50 | 0.221 times |
02 Thu May 2024 | 1014.50 | 1028.20 | 1035.70 | 1006.05 | 0.315 times |
30 Tue Apr 2024 | 1022.85 | 1047.00 | 1055.75 | 1015.05 | 0.295 times |
29 Mon Apr 2024 | 1040.60 | 1065.85 | 1066.90 | 1032.05 | 0.352 times |
26 Fri Apr 2024 | 1051.65 | 1080.00 | 1122.50 | 1047.00 | 1.293 times |
25 Thu Apr 2024 | 1076.20 | 1080.00 | 1097.90 | 1056.00 | 1.295 times |
24 Wed Apr 2024 | 1075.00 | 931.10 | 1098.65 | 915.10 | 5.122 times |
23 Tue Apr 2024 | 928.20 | 946.80 | 950.70 | 925.00 | 0.165 times |
22 Mon Apr 2024 | 941.25 | 950.85 | 964.85 | 936.10 | 0.205 times |
19 Fri Apr 2024 | 942.35 | 920.00 | 961.95 | 900.20 | 0.424 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 1025.9 as stoploss in an intra day sell trade for a target of 967.06. However, stock will show a bullish move above 1025.9.
Share price targets for Chennai Petroleum (CHENNPETRO)
Target Type | Value |
Downside Target | 693.05 |
Downside Target | 743.05 |
Downside Target | 810.00 |
Downside Target | 862.20 |
Downside Target | 885.30 |
Downside Target | 908.00 |
Downside Target | 944.00 |
Downside Target | 1006.05 |
Upside Target | 1035.70 |
Upside Target | 1036.30 |
Upside Target | 1066.90 |
Upside Target | 1122.50 |
Intraday share price targets for Chennai Petroleum (CHENNPETRO)
Target Type | Value |
Downside Intraday Target | 993.07 |
Downside Intraday Target | 969.13 |
Upside Intraday Target | 1053.92 |
Upside Intraday Target | 1090.83 |
Upside Intraday Target | 1029.98 |
Weekly technical analysis of Chennai Petroleum (CHENNPETRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 1017.00 | 1065.85 | 1066.90 | 1006.05 | 0.146 times |
26 Fri Apr 2024 | 1051.65 | 950.85 | 1122.50 | 915.10 | 4.343 times |
19 Fri Apr 2024 | 942.35 | 899.00 | 965.00 | 862.20 | 2.461 times |
12 Fri Apr 2024 | 895.80 | 942.10 | 953.60 | 885.30 | 0.544 times |
05 Fri Apr 2024 | 941.40 | 910.00 | 967.65 | 908.25 | 1.308 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 Chennai Petroleum (CHENNPETRO)
Date | Monthly Closing Price | Open | High | Low | Volume |
03 Fri May 2024 | 1017.00 | 1028.20 | 1035.70 | 1006.05 | 0.042 times |
30 Tue Apr 2024 | 1022.85 | 910.00 | 1122.50 | 862.20 | 2.284 times |
28 Thu Mar 2024 | 906.80 | 895.00 | 944.00 | 743.05 | 0.556 times |
29 Thu Feb 2024 | 884.05 | 856.00 | 1036.30 | 810.00 | 0.868 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 Chennai Petroleum (CHENNPETRO)
Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Chennai Petroleum in short term and the buy signal is strong.
Chennai Petroleum 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 in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Chennai Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chennai Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1054.77 and Chennai Petroleum (CHENNPETRO) 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 Chennai Petroleum (CHENNPETRO) stock. Volume based technical analysis of Chennai Petroleum (CHENNPETRO) stock is negative.
Chennai Petroleum 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.
Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum ( (CHENNPETRO) ) 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 Chennai Petroleum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Chennai Petroleum in short term and the buy signal is strong.
Chennai Petroleum 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 in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Chennai Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Chennai Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1054.77 and Chennai Petroleum (CHENNPETRO) 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 Chennai Petroleum (CHENNPETRO) stock. Volume based technical analysis of Chennai Petroleum (CHENNPETRO) stock is negative.
Chennai Petroleum 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.
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Daily charts
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