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Chennai Petroleum (CHENNPETRO) Technical (Analysis) Reports Chennai Petroleum ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Chennai Petroleum (CHENNPETRO)

Technical Analysis Report for NSE stock CHENNPETRO Chennai Petroleum. Dated: 22 May 2026 Updated Daily. Stock trades under Refineries in NSE stock exchange

If you are looking for Tomorrow's Movement Predictions for NSE stock CHENNPETRO Chennai Petroleum then click here. or read Experts views on Chennai Petroleum or Forecast & share price targets of Chennai Petroleum

Chennai Petroleum Opened at 1012.90 and Closed at: 1016.60, which is 0.5% of previous session's close. It moved within a range of 1011.90 and 1024.80
The session was a Bullish session with an average volume of 344964, which is -79.47% of previous session's volumes.

  • Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
  • The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
  • The stock has shown an up move, and its long term trend is also positive and in an uptrend.

A Dead cross was found 6 days back on short term averages

A Dead cross was found 1 days back on mid term averages

Support for tomorrow is 1014.25 and resistance for tomorrow is 1027.15
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 1010.73, 1004.87 resistance for tomorrow's hourly charts is 1023.63, 1030.67

10 Day SMA for Chennai Petroleum (CHENNPETRO) is 1013.76 and stock is trading above these levels. This is a good sign for its short term trend

20 Day SMA for Chennai Petroleum (CHENNPETRO) is 1046.47 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Chennai Petroleum (CHENNPETRO) is 1014.14 and the stock is trading above these levels. This is a good sign for its mid to long term trend

100 Day SMA is 942.19 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Chennai Petroleum is 877.35 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Chennai Petroleum is at 1046.47 and 200 DMA is at 877.35, while 50 DMA and 100 DMA are at 1014.14 and 942.19 respectively

Chennai Petroleum (CHENNPETRO) moving average of 20 SMA is at 1046.47 and 20 EMA is at 1026.91

Chennai Petroleum (CHENNPETRO) moving average of 50 SMA is at 1014.14 and 50 EMA is at 1007.86

Chennai Petroleum (CHENNPETRO) moving average of 100 SMA is at 942.19 and 100 EMA is at 964.84

Chennai Petroleum (CHENNPETRO) moving average of 200 SMA is at 877.35 and 200 EMA is at 892.26

Chennai Petroleum has performed better than Bharat Petroleum in short term. Holding Chennai Petroleum could be a better choice for now!

Goa Carbon has performed better than Chennai Petroleum in short term. You could have earned much better returns by investing in Goa Carbon, about 12.11% more returns!

Hindustan Petroleum has performed better than Chennai Petroleum in short term. You could have earned much better returns by investing in Hindustan Petroleum, about 6.1% more returns!

Chennai Petroleum has performed better than Mangalore Refinery in short term. Holding Chennai Petroleum could be a better choice for now!

Savita Oil has performed better than Chennai Petroleum in short term. You could have earned much better returns by investing in Savita Oil, about 18.46% more returns!

Chennai Petroleum Technical analysis of indicators

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.

ADX buy sell signal for Chennai Petroleum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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. 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

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 1016.69 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 positive

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

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for NSE stock CHENNPETRO Chennai Petroleum These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And CHENNPETRO Experts View which covers a lot of information including buying and selling signals

CHENNPETRO future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Chennai Petroleum or View Candle Stick Charts here

Chart Chennai Petroleum (CHENNPETRO)  Technical (Analysis) Reports Chennai Petroleum [

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