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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 2025-06-20 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 1310101

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Jun 2025	632.95	610.00	634.90	608.40	1.158 times
19 Thu Jun 2025	608.25	629.05	637.00	603.10	0.77 times
18 Wed Jun 2025	629.05	635.90	643.00	624.80	0.427 times
17 Tue Jun 2025	637.20	629.00	647.70	628.00	0.864 times
16 Mon Jun 2025	627.05	642.00	647.10	621.15	0.836 times
13 Fri Jun 2025	641.95	650.00	654.15	638.00	0.868 times
12 Thu Jun 2025	664.40	684.00	686.45	661.20	0.884 times
11 Wed Jun 2025	683.65	674.00	701.00	669.40	3.165 times
10 Tue Jun 2025	668.85	656.00	672.00	655.55	1.215 times
09 Mon Jun 2025	655.90	651.50	660.70	649.15	0.583 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 632.3 as stoploss in an intra day buy trade for a target of 660.74. However, stock will show a bearish move below 632.3.

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	608.13
Downside Intraday Target	583.32
Upside Intraday Target	652.73
Upside Intraday Target	672.52
Downside Intraday Target	627.92

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Jun 2025	632.95	642.00	647.70	603.10	0.604 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
20 Fri Jun 2025	632.95	670.00	701.00	603.10	0.549 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 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 Chennai Petroleum in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 654.41 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.