Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-06-23 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 1411099

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	702.35	630.00	708.00	627.30	12.486 times
20 Fri Jun 2025	632.95	610.00	634.90	608.40	1.075 times
19 Thu Jun 2025	608.25	629.05	637.00	603.10	0.715 times
18 Wed Jun 2025	629.05	635.90	643.00	624.80	0.396 times
17 Tue Jun 2025	637.20	629.00	647.70	628.00	0.802 times
16 Mon Jun 2025	627.05	642.00	647.10	621.15	0.777 times
13 Fri Jun 2025	641.95	650.00	654.15	638.00	0.806 times
12 Thu Jun 2025	664.40	684.00	686.45	661.20	0.821 times
11 Wed Jun 2025	683.65	674.00	701.00	669.40	2.938 times
10 Tue Jun 2025	668.85	656.00	672.00	655.55	1.128 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 trade for tomorrow is selective. Take a BUY trade only if stock stays above 690.8, but if it comes below 690.8, then a intra day sell could be more profitable.
If you take a sell trade below 690.8, then use 690.8 as stoploss and 661.52 as target. However if you take a buy trade in stock , then use 690.8 as stoploss and 726 as target.

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
Downside Target	627.30
Downside Target	663.25
Downside Target	674.50
Downside Target	701.00
Upside Target	708.00
Upside Target	737.30

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	650.43
Downside Intraday Target	598.52
Upside Intraday Target	731.13
Upside Intraday Target	759.92
Downside Intraday Target	679.22

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	702.35	630.00	708.00	627.30	3.316 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	702.35	670.00	708.00	603.10	1.078 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 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 Chennai Petroleum (CHENNPETRO)

Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a short 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 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 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 losing momentum.

MACD generated a SELL signal for Chennai Petroleum in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above 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 and the buying is gaining 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 681.65 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.