CHENNPETRO NEWS why is Chennai Petroleum Corporation Limited price falling or rising

CHENNPETRO NEWS reasons for why stock price of Chennai Petroleum Corporation Limited is falling or rising

CHENNPETRO Chennai Petroleum is falling or rising technical reasons

Technical analysis forecast of Chennai Petroleum 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 CHENNPETRO at this time. Stock is rising and might rise more.

It appears as if Chennai Petroleum CHENNPETRO gave a large move recently.

Stock of Chennai Petroleum (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!

Although my analysis for Chennai Petroleum is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1019.3, for a target of 971.9 or 932.28

CHENNPETRO Chennai Petroleum is falling or rising NEWS fundamental reasons

Company Announcement Chennai Petroleum Corporation Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-04-24

Chennai Petroleum Corp shares soar 16% on Rs 55 dividend, 72% QoQ PAT growth Chennai Petroleum Corp had reported a PAT of Rs 365.28 crore in Q3FY24. On a year-on-year basis, the net profit plunged 38% versus Rs 1,012.81 crore in Q4FY23. - NEWS as on 2024-04-24 indiatimes.com

Board Meeting to discuss Financial Results/Dividend To consider and approve the financial results for the period ended March 31, 2024 and dividend - NEWS as on 2024-04-16

Company Announcement Chennai Petroleum Corporation Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-04-01

Company Announcement Chennai Petroleum Corporation Limited has informed the Exchange regarding 'Disclosure of information under Regulation 30 of SEBI (LODR) Regulations 2015 Approval for revised Project cost, Capital Structure, revised equity Contribution and Execution Philo - NEWS as on 2024-04-01

Company Announcement Chennai Petroleum Corporation Limited has informed the Exchange regarding Resignation of Mr K SURENDRAN as Independent Director of the company w.e.f. March 25, 2024. - NEWS as on 2024-03-26

Company Announcement - NEWS as on 2024-03-22

More announcements and NEWS

CHENNPETRO Chennai Petroleum Corporation Limited current price & indicator signals

Moving Averages for Chennai Petroleum Corporation Limited

  • 5Day Average: 963.47
  • 12Day Average: 935.54
  • 20Day Average: 928.66
  • 50Day Average: 909.75
  • 100Day Average: 834.07
  • 150Day Average: 740.97
  • 200Day Average: 659.39

CHENNPETRO Indicators & signals

Indicator MACD (12,26,9)

947.15, 924.89, 12.51
Indicator MACD is in positive zone

Indicator ADX (14)

37.59, 30.79, 13.97
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

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
24 Wed Apr 2024 1075.00 915.10 to 1098.65 15.82% 17.15 times
23 Tue Apr 2024 928.20 925.00 to 950.70 -1.39% 0.55 times
22 Mon Apr 2024 941.25 936.10 to 964.85 -0.12% 0.69 times
19 Fri Apr 2024 942.35 900.20 to 961.95 1.27% 1.42 times
18 Thu Apr 2024 930.55 920.00 to 965.00 2.08% 1.79 times
16 Tue Apr 2024 911.55 906.00 to 937.10 -1.6% 1.17 times
15 Mon Apr 2024 926.35 862.20 to 941.00 3.41% 1.85 times
12 Fri Apr 2024 895.80 885.30 to 929.30 -1.02% 1.05 times
10 Wed Apr 2024 905.05 900.55 to 920.80 0.21% 0.4 times
09 Tue Apr 2024 903.15 900.00 to 933.85 -2.45% 0.56 times
08 Mon Apr 2024 925.85 923.00 to 953.60 -1.65% 0.51 times
05 Fri Apr 2024 941.40 921.30 to 955.75 0.14% 0.76 times

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