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(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 2025-06-19 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 1271835

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	608.25	629.05	637.00	603.10	0.793 times
18 Wed Jun 2025	629.05	635.90	643.00	624.80	0.44 times
17 Tue Jun 2025	637.20	629.00	647.70	628.00	0.89 times
16 Mon Jun 2025	627.05	642.00	647.10	621.15	0.862 times
13 Fri Jun 2025	641.95	650.00	654.15	638.00	0.895 times
12 Thu Jun 2025	664.40	684.00	686.45	661.20	0.911 times
11 Wed Jun 2025	683.65	674.00	701.00	669.40	3.26 times
10 Tue Jun 2025	668.85	656.00	672.00	655.55	1.252 times
09 Mon Jun 2025	655.90	651.50	660.70	649.15	0.6 times
06 Fri Jun 2025	648.35	653.50	656.50	646.60	0.399 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 601.6, for a target of 635.2 or 663.12

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	433.10
Downside Target	450.00
Downside Target	527.00
Downside Target	542.00
Downside Target	587.10
Downside Target	603.10
Upside Target	638.00
Upside Target	663.25
Upside Target	674.50
Upside Target	701.00
Upside Target	703.75
Upside Target	737.30

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	591.67
Downside Intraday Target	575.08
Upside Intraday Target	636.27
Upside Intraday Target	664.28
Upside Intraday Target	619.68

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	608.25	642.00	647.70	603.10	0.431 times
13 Fri Jun 2025	641.95	651.50	701.00	638.00	2.11 times
06 Fri Jun 2025	648.35	670.00	674.50	646.60	0.355 times
30 Fri May 2025	676.20	683.75	737.30	663.25	0.941 times
23 Fri May 2025	680.60	646.80	703.75	640.50	2.579 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
19 Thu Jun 2025	608.25	670.00	701.00	603.10	0.504 times
30 Fri May 2025	676.20	608.50	737.30	587.10	1.09 times
30 Wed Apr 2025	612.30	615.00	664.10	527.00	0.319 times
28 Fri Mar 2025	615.10	450.15	664.50	433.10	11.592 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Chennai Petroleum in short term and the sell signal is strong.

Chennai Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Chennai Petroleum in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Chennai Petroleum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 656.66 and Chennai Petroleum (CHENNPETRO) 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 Chennai Petroleum (CHENNPETRO) stock. Volume based technical analysis of Chennai Petroleum (CHENNPETRO) stock is negative.

Chennai Petroleum Stock has given negative 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.