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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 2025-07-16 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 4608212

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Jul 2025	749.15	746.95	757.05	744.45	0.317 times
15 Tue Jul 2025	743.70	721.10	749.35	719.55	0.476 times
14 Mon Jul 2025	721.90	713.00	725.75	711.60	0.201 times
11 Fri Jul 2025	719.30	733.00	735.50	715.05	0.222 times
10 Thu Jul 2025	733.80	743.00	746.60	725.50	0.241 times
09 Wed Jul 2025	738.60	735.00	755.80	727.00	0.652 times
08 Tue Jul 2025	734.05	739.70	750.00	730.10	0.383 times
07 Mon Jul 2025	738.20	767.00	782.00	736.55	0.824 times
04 Fri Jul 2025	771.15	715.95	781.00	713.80	4.3 times
03 Thu Jul 2025	712.40	703.00	734.00	701.75	1.315 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 743.4, but if it comes below 743.4, then a intra day sell could be more profitable.
If you take a sell trade below 743.4, then use 743.4 as stoploss and 703.8 as target. However if you take a buy trade in stock , then use 743.4 as stoploss and 790.9 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	647.70
Downside Target	664.10
Downside Target	708.00
Downside Target	715.05
Downside Target	737.30
Upside Target	757.05
Upside Target	781.00
Upside Target	782.00

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	721.48
Downside Intraday Target	693.82
Upside Intraday Target	766.93
Upside Intraday Target	784.72
Downside Intraday Target	739.27

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Jul 2025	749.15	713.00	757.05	711.60	0.428 times
11 Fri Jul 2025	719.30	767.00	782.00	715.05	0.305 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

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
16 Wed Jul 2025	749.15	684.05	782.00	677.05	1.1 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing 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 749.84 and Chennai Petroleum (CHENNPETRO) stock is trading below this level. This means that stock is falling with high volumes. 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.