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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 2025-07-02 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 3169606

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Jul 2025	700.70	682.40	718.40	682.40	2.016 times
01 Tue Jul 2025	681.75	684.05	699.50	677.05	0.607 times
30 Mon Jun 2025	679.40	683.10	694.90	678.00	0.27 times
27 Fri Jun 2025	683.10	673.15	688.40	669.20	0.457 times
26 Thu Jun 2025	671.55	667.90	687.00	664.15	0.768 times
25 Wed Jun 2025	667.90	685.80	695.95	664.00	0.535 times
24 Tue Jun 2025	685.80	697.00	697.95	677.30	0.831 times
23 Mon Jun 2025	702.35	630.00	708.00	627.30	5.559 times
20 Fri Jun 2025	632.95	610.00	634.90	608.40	0.479 times
19 Thu Jun 2025	608.25	629.05	637.00	603.10	0.318 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 686.5, but if it comes below 686.5, then a intra day sell could be more profitable.
If you take a sell trade below 686.5, then use 686.5 as stoploss and 661.16 as target. However if you take a buy trade in stock , then use 686.5 as stoploss and 716.9 as target.

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	433.10
Downside Target	527.00
Downside Target	587.10
Downside Target	603.10
Downside Target	627.30
Downside Target	664.10
Downside Target	677.05
Upside Target	701.00
Upside Target	708.00
Upside Target	718.40
Upside Target	737.30

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	679.03
Downside Intraday Target	657.37
Upside Intraday Target	720.38
Upside Intraday Target	740.07
Downside Intraday Target	698.72

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Jul 2025	700.70	683.10	718.40	677.05	0.355 times
27 Fri Jun 2025	683.10	630.00	708.00	627.30	4.862 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

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
02 Wed Jul 2025	700.70	684.05	718.40	677.05	0.185 times
30 Mon Jun 2025	679.40	670.00	708.00	603.10	1.351 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

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 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 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.

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 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 689.7 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.