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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 2025-07-08 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 4705207

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Jul 2025	734.05	739.70	750.00	730.10	0.375 times
07 Mon Jul 2025	738.20	767.00	782.00	736.55	0.807 times
04 Fri Jul 2025	771.15	715.95	781.00	713.80	4.211 times
03 Thu Jul 2025	712.40	703.00	734.00	701.75	1.288 times
02 Wed Jul 2025	700.70	682.40	718.40	682.40	1.358 times
01 Tue Jul 2025	681.75	684.05	699.50	677.05	0.409 times
30 Mon Jun 2025	679.40	683.10	694.90	678.00	0.182 times
27 Fri Jun 2025	683.10	673.15	688.40	669.20	0.308 times
26 Thu Jun 2025	671.55	667.90	687.00	664.15	0.517 times
25 Wed Jun 2025	667.90	685.80	695.95	664.00	0.361 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 718.3, but if it comes below 718.3, then a intra day sell could be more profitable.
If you take a sell trade below 718.3, then use 718.3 as stoploss and 677.64 as target. However if you take a buy trade in stock , then use 718.3 as stoploss and 767.1 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	701.00
Downside Target	708.00
Downside Target	730.10
Upside Target	737.30
Upside Target	781.00
Upside Target	782.00

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	715.43
Downside Intraday Target	696.82
Upside Intraday Target	767.33
Upside Intraday Target	800.62
Upside Intraday Target	748.72

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Jul 2025	734.05	767.00	782.00	730.10	0.159 times
04 Fri Jul 2025	771.15	683.10	781.00	677.05	1.357 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

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
08 Tue Jul 2025	734.05	684.05	782.00	677.05	0.884 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Chennai Petroleum in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 732.34 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.