Home / Short Term Target / Chennpetro
Chennai Petroleum Share Price Target - Tomorrow, Next Week & Next Month
Chennai Petroleum Corporation Limited | |||
 | Symbol: CHENNPETRO | ||
| Price: ₹578.29 | |||
| Exchange: NSE | |||
| Energy -> Oil & Gas Refining & Marketing | |||
Show Table of Contents
Table of Contents
- 1: Chennai Petroleum Recent Performance
- 2: Chart: Chennai Petroleum Share Price Target - Tomorrow
- 3: Table: Chennai Petroleum Share Price Target - Tomorrow
- 4: Summary: Chennai Petroleum Share Price Prediction For Tomorrow
- 5: Chart: Chennai Petroleum Share Price Target - Next Week
- 6: Table: Chennai Petroleum Share Price Target - Next Week
- 7: Summary: Chennai Petroleum Share Price Prediction For Next Week
- 8: Chart: Chennai Petroleum Share Price Target - Next Month
- 9: Table: Chennai Petroleum Share Price Target - Next Month
- 10: Summary: Chennai Petroleum Share Price Prediction For Next Month
Chennai Petroleum Recent Performance
Over the past 18 trading days, the value of Chennai Petroleum's stock has decreased by ₹330.71 (-36.38%). On 11 Oct 2024, one share was worth ₹909.00 and by 14 Nov 2024, the value dropped to ₹578.29. During this period it created a highest high of ₹999.00 and lowest low of ₹569.00.
Below Image represents line chart of daily close price of Chennai Petroleum, helping you visualize how the price has changed day by day.
Advertisement
Chart: Chennai Petroleum Share Price Target - Tomorrow
The line chart displays the Chennai Petroleum daily closing prices for the past 18 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Chennai Petroleum shares for Thu 14 Nov 2024, see the table below.
Advertisement
Table: Chennai Petroleum Share Price Target - Tomorrow
By analyzing Chennai Petroleum stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 18 Nov, 2024!
| Chennai Petroleum's Levels | Value | Reason/Importance |
|---|---|---|
| Tomorrow Target 3 | 603.79 (+4.4%) | Fibonacci Extension Level 123.6% |
| Tomorrow Target 2 | 597.15 (+3.26%) | Price Action: Nov 2024 High |
| Tomorrow Target 1 | 585.52 (+1.25%) | Price Action: Chart |
| Current Price | 578.29 | Chennai Petroleum's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 575.02 (-0.57%) | Fibonacci Retracement Level 78.6% |
| Stop Loss 2 | 571.86 (-1.12%) | Price Action: Chart |
| Stop Loss 3 | 568.26 (-1.74%) | Price Action: Chart |
Summary: Chennai Petroleum Share Price Prediction For Tomorrow
Thu 14 Nov 2024: Chennai Petroleum finished the day at ₹578.29, losing ₹-76.71 (-11.71%) in 1 day.
In summary, our analysis of Chennai Petroleum for tomorrow predicts a rise of 1.25% to 4.4% with three potential targets T1: ₹585.52, T2: ₹597.15, T3: ₹603.79 and Stop-Loss (SL) at SL1: ₹575.02, SL2: ₹571.86, SL3: ₹568.26.
Additionally, we've identified a support level at ₹569.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹597.15, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.
Over the last 18 trading days, the stock has dropped -36.38%, indicating it could be a excellent option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 999.00 and 569.00.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Chennai Petroleum.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Chart: Chennai Petroleum Share Price Target - Next Week
The chart displays the Chennai Petroleum weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.
For detailed target and stop loss values for Chennai Petroleum shares for next week, see the table below.
Advertisement
Table: Chennai Petroleum Share Price Target - Next Week
By analyzing Chennai Petroleum stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
| Chennai Petroleum's Levels | Value | Reason/Importance |
|---|---|---|
| Next Week Target 3 | 633.04 (+9.46%) | Price Action: Oct 2024 Low |
| Next Week Target 2 | 618.16 (+6.89%) | Price Action: Chart |
| Next Week Target 1 | 612.04 (+5.83%) | Price Action: 04 Nov 2024 Low |
| Current Price | 578.29 | Chennai Petroleum's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 567.50 (-1.87%) | Price Action: Chart |
| Stop Loss 2 | 561.83 (-2.85%) | Price Action: Chart |
| Stop Loss 3 | 549.40 (-5%) | Price Action: Sep 2023 High |
Summary: Chennai Petroleum Share Price Prediction For Next Week
As of Thu 14 Nov 2024, Chennai Petroleum share price stands at ₹578.29, losing ₹-46.46 (-7.44%) in this week.
In summary, our analysis of Chennai Petroleum for next week predicts a rise of 5.83% to 9.46% with three potential targets T1: ₹612.04, T2: ₹618.16, T3: ₹633.04 and Stop-Loss (SL) at SL1: ₹567.50, SL2: ₹561.83, SL3: ₹549.40.
Additionally, we've identified a support level at ₹569.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹637.04, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Chennai Petroleum.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Chart: Chennai Petroleum Share Price Target - Next Month
The chart displays the Chennai Petroleum monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Chennai Petroleum shares for next month, see the table below.
Advertisement
Table: Chennai Petroleum Share Price Target - Next Month
By analyzing Chennai Petroleum stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
| Chennai Petroleum's Levels | Value | Reason/Importance |
|---|---|---|
| Next Month Target 3 | 696.79 (+20.49%) | Price Action: 25 Oct 2024 Low |
| Next Month Target 2 | 679.77 (+17.54%) | Custom Fibonacci Extension Lvl 23.6% |
| Next Month Target 1 | 672.00 (+16.2%) | Price Action: 07 Nov 2024 High |
| Current Price | 578.29 | Chennai Petroleum's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 549.40 (-5%) | Price Action: Sep 2023 High |
| Stop Loss 2 | 543.91 (-5.95%) | Price Action: Chart |
| Stop Loss 3 | 534.12 (-7.64%) | Price Action: Chart |
Summary: Chennai Petroleum Share Price Prediction For Next Month
As of Thu 14 Nov 2024, Chennai Petroleum share price stands at ₹578.29, losing ₹-61.41 (-9.60%) in this month.
In summary, our analysis of Chennai Petroleum for next month predicts a rise of 16.2% to 20.49% with three potential targets T1: ₹672.00, T2: ₹679.77, T3: ₹696.79 and Stop-Loss (SL) at SL1: ₹549.40, SL2: ₹543.91, SL3: ₹534.12.
Additionally, we've identified a support level at 569.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 999.00, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Chennai Petroleum, we created a specific page for that check here: Chennai Petroleum Share Price target for 2024 and 2025
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
As we wrap up, we hope you like our study on Chennai Petroleum short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Chennai Petroleum Share Price History
- Chennai Petroleum Price Long Term Target
- Chennai Petroleum Dividend History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
