(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.
Showing technical analysis as on 2024-05-24 View latest technical analysis
10 day averaged volume of Chennai Petroleum is 999548
Date | Daily Closing Price | Open | High | Low | Volume |
24 Fri May 2024 | 974.20 | 941.75 | 998.00 | 932.00 | 2.582 times |
23 Thu May 2024 | 939.15 | 898.00 | 945.50 | 898.00 | 1.749 times |
22 Wed May 2024 | 892.45 | 896.35 | 903.00 | 882.20 | 0.563 times |
21 Tue May 2024 | 890.55 | 895.00 | 908.75 | 879.50 | 0.671 times |
18 Sat May 2024 | 897.95 | 884.00 | 900.00 | 879.65 | 0.135 times |
17 Fri May 2024 | 876.35 | 899.90 | 905.85 | 875.00 | 0.948 times |
16 Thu May 2024 | 897.75 | 914.00 | 924.40 | 888.60 | 0.91 times |
15 Wed May 2024 | 905.80 | 912.40 | 919.70 | 903.05 | 0.532 times |
14 Tue May 2024 | 907.60 | 870.00 | 914.80 | 870.00 | 1.448 times |
13 Mon May 2024 | 866.45 | 856.30 | 875.00 | 828.50 | 1.11 times |
Stock of Chennai Petroleum (CHENNPETRO) has showed a significant upmove. This could be a good time to enter in this stock!
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 997.4 as stoploss in an intra day sell trade for a target of 933.96. However, stock will show a bullish move above 997.4.
Share price targets for Chennai Petroleum (CHENNPETRO)
Target Type | Value |
Downside Target | 693.05 |
Downside Target | 743.05 |
Downside Target | 810.00 |
Downside Target | 828.50 |
Downside Target | 862.20 |
Downside Target | 879.50 |
Downside Target | 908.00 |
Downside Target | 944.00 |
Upside Target | 998.00 |
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 | 903.13 |
Downside Intraday Target | 832.07 |
Upside Intraday Target | 1021.63 |
Upside Intraday Target | 1069.07 |
Downside Intraday Target | 950.57 |
Weekly technical analysis of Chennai Petroleum (CHENNPETRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
24 Fri May 2024 | 974.20 | 895.00 | 998.00 | 879.50 | 1.095 times |
18 Sat May 2024 | 897.95 | 856.30 | 924.40 | 828.50 | 0.532 times |
10 Fri May 2024 | 856.25 | 1025.00 | 1026.00 | 832.50 | 2.54 times |
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 |
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 Chennai Petroleum (CHENNPETRO)
Date | Monthly Closing Price | Open | High | Low | Volume |
24 Fri May 2024 | 974.20 | 1028.20 | 1035.70 | 828.50 | 0.541 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 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 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 Chennai Petroleum ( (CHENNPETRO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a mid to longer 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.
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 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.
Chennai Petroleum Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Chennai Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 918.93 and Chennai Petroleum (CHENNPETRO) 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 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 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 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 Chennai Petroleum ( (CHENNPETRO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a mid to longer 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.
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 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.
Chennai Petroleum Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Chennai Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 918.93 and Chennai Petroleum (CHENNPETRO) 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 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.
Click here for Chennai Petroleum charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.