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 2026-01-06 View latest technical analysis

10 day averaged volume of Chennai Petroleum is 1064890

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Jan 2026	806.95	813.60	826.95	801.90	0.629 times
05 Mon Jan 2026	813.60	827.20	848.00	811.00	0.765 times
02 Fri Jan 2026	827.20	845.00	849.00	825.10	0.636 times
01 Thu Jan 2026	846.55	836.20	855.80	831.60	0.923 times
31 Wed Dec 2025	836.20	798.05	861.30	798.05	3.136 times
30 Tue Dec 2025	798.05	812.00	819.55	792.25	0.638 times
29 Mon Dec 2025	812.00	830.15	833.00	804.00	0.886 times
26 Fri Dec 2025	828.35	850.00	851.20	825.00	0.776 times
24 Wed Dec 2025	848.25	864.00	872.70	842.00	0.57 times
23 Tue Dec 2025	861.80	897.80	909.00	860.00	0.991 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 824.1, but if it comes above 824.1, then a intra day buy could be more profitable.
If you take a sell trade below 824.1, then use 824.1 as stoploss and 767.3 as target. However if you take a buy trade in stock , then use 824.1 as stoploss and 871.39 as target.

Share price targets for Chennai Petroleum (CHENNPETRO)

Target Type	Value
Downside Target	642.00
Downside Target	716.80
Downside Target	789.10
Upside Target	825.00
Upside Target	848.00
Upside Target	890.00
Upside Target	909.00
Upside Target	938.65
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	789.9
Downside Intraday Target	772.85
Upside Intraday Target	836
Upside Intraday Target	865.05
Upside Intraday Target	818.95

Weekly technical analysis of Chennai Petroleum (CHENNPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Jan 2026	806.95	827.20	848.00	801.90	0.224 times
02 Fri Jan 2026	827.20	830.15	861.30	792.25	2.063 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

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
06 Tue Jan 2026	806.95	836.20	855.80	801.90	0.119 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 down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Chennai Petroleum ( (CHENNPETRO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

MACD generated a SELL signal for Chennai Petroleum in short term and the sell signal is strong.

Chennai Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Chennai Petroleum in short term and SELL 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 831.02 and Chennai Petroleum (CHENNPETRO) stock is trading below this level. This means that stock is falling with high volumes. 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.