Stock analysis Chennai Petroleum Corporation Limited CHENNPETRO
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Recent prices of CHENNPETRO Chennai Petroleum Corporation Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 29 Thu May 2025 | 721.65 | 719.05 to 737.30 | 0.36% | 0.81 times |
| 28 Wed May 2025 | 719.05 | 681.00 to 727.90 | 5.12% | 2.24 times |
| 27 Tue May 2025 | 684.05 | 674.00 to 689.90 | -0.41% | 0.4 times |
| 26 Mon May 2025 | 686.85 | 676.10 to 692.00 | 0.92% | 0.31 times |
| 23 Fri May 2025 | 680.60 | 677.70 to 690.00 | -0.53% | 0.35 times |
| 22 Thu May 2025 | 684.20 | 676.30 to 698.50 | -1.05% | 0.55 times |
| 21 Wed May 2025 | 691.45 | 669.90 to 696.75 | 2.44% | 1.17 times |
| 20 Tue May 2025 | 675.00 | 644.80 to 703.75 | 3.46% | 2.76 times |
| 19 Mon May 2025 | 652.45 | 640.50 to 672.90 | 0.88% | 0.74 times |
| 16 Fri May 2025 | 646.75 | 637.00 to 657.00 | 1.01% | 0.42 times |
| 15 Thu May 2025 | 640.30 | 626.05 to 658.85 | 2.15% | 1.06 times |
| 14 Wed May 2025 | 626.85 | 621.00 to 629.70 | 0.92% | 0.21 times |
Technical analysis forecast of Chennai Petroleum Corporation Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Chennai Petroleum Corporation Limited CHENNPETRO at this time. Stock is rising and might rise more.
It appears as if Chennai Petroleum Corporation Limited CHENNPETRO gave a large move recently.
Stock of Chennai Petroleum Corporation Limited (CHENNPETRO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Chennai Petroleum Corporation Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Chennai Petroleum Corporation Limited stays above 701.4, but if it comes below 701.4, then a intra day sell could be more profitable.
If you take a sell trade below 701.4, then use 701.4 as stoploss and 663.13 as target. However if you take a buy trade in Chennai Petroleum Corporation Limited, then use 701.4 as stoploss and 747.3 as target.