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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 2026-01-01 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 1024438

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Jan 2026	846.55	836.20	855.80	831.60	0.959 times
31 Wed Dec 2025	836.20	798.05	861.30	798.05	3.26 times
30 Tue Dec 2025	798.05	812.00	819.55	792.25	0.664 times
29 Mon Dec 2025	812.00	830.15	833.00	804.00	0.921 times
26 Fri Dec 2025	828.35	850.00	851.20	825.00	0.806 times
24 Wed Dec 2025	848.25	864.00	872.70	842.00	0.592 times
23 Tue Dec 2025	861.80	897.80	909.00	860.00	1.031 times
22 Mon Dec 2025	893.30	887.90	896.95	879.60	0.705 times
19 Fri Dec 2025	887.90	899.05	914.60	883.20	0.798 times
18 Thu Dec 2025	891.05	911.00	917.40	887.00	0.589 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 843.8 as stoploss in an intra day buy trade for a target of 887.84. However, stock will show a bearish move below 843.8.

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	642.00
Downside Target	716.80
Downside Target	789.10
Downside Target	825.00
Upside Target	855.80
Upside Target	909.00
Upside Target	938.65
Upside Target	952.35
Upside Target	956.00
Upside Target	998.00
Upside Target	1103.00

Intraday share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Intraday Target	805.43
Downside Intraday Target	764.32
Upside Intraday Target	874.48
Upside Intraday Target	902.42
Downside Intraday Target	833.37

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Jan 2026	846.55	830.15	861.30	792.25	1.852 times
26 Fri Dec 2025	828.35	887.90	909.00	825.00	0.974 times
19 Fri Dec 2025	887.90	925.00	938.65	883.20	0.467 times
13 Sat Dec 2025	927.40	932.50	956.00	878.45	0.894 times
05 Fri Dec 2025	928.15	919.00	952.35	906.65	0.373 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
01 Thu Jan 2026	846.55	836.20	855.80	831.60	0.037 times
31 Wed Dec 2025	836.20	919.00	956.00	792.25	0.321 times
28 Fri Nov 2025	916.15	971.50	1103.00	890.00	0.693 times
31 Fri Oct 2025	979.35	765.00	998.00	716.80	5.321 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 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 losing momentum.

MACD generated a SELL signal for Chennai Petroleum in short term and the sell 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 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 BUY signal in short term but buying 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 846.21 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.