Dividend Star: Chennai Petroleum Corporation LtdCPCL has taken strong support from 872 levels.
It is trading near 20 EMA levels of 923.
Resistance levels: 1002, 1072, 1217
Support levels: 899, 797
One can accumulate for the long term for a good dividend yield.
Pros:
The company has decreased its debt.
The stock offers a commendable dividend