Chennai Petrol Long trade ideaHi everyone as it can be seen in the picture. Chennai petrol is trying to form a vcp ( volatility contraction pattern). Traders can aim for 900+ levels with a stop loss of 866 as shown in the image.
210.20INR
35.32 BINR
904.31 BINR
45.47 M
About CHENNAI PETRO CP
Sector
Industry
CEO
Arvind Kumar
Website
Headquarters
Chennai
Employees (FY)
1.47 K
Founded
1965
ISIN
INE178A01016
FIGI
BBG000CVY438
Chennai Petroleum Corp. Ltd. engages in the manufacturing, marketing, distributing, and supplying of petroleum and other related products. It offers products such as liquefied petroleum gas, motor spirit, superior kerosene, aviation turbine fuel, high speed diesel, naphtha, bitumen, lube base stocks, paraffin wax, fuel oil, hexane, and petrochemical feed stocks. The company was founded on December 30, 1965 and is headquartered in Chennai, India.
CHENNPETRO BREAKOUTCAN long near 468 on dips sl 425 , take long on a staggard manner by allowing margin to add-on all dips
CHENNAI PETRO ( Study Purpose)REMAIN CAUTIOUS, RSI bearish divergence, Stock in Distribution phase. Similar to June 2022 structure.
GOI has started revising windfall taxes upwardly due to recent higher crude oil prices.
SL only if crude oil starts falling sharply.
SL If stock prices start moving above Rs1100.
Disclaimer : Abov
chennai petro running higher post 460hello all ,
some 1 askes about cp, targets are mentioned it recently did a 10 year breakout 460
disclaimer: holding dinve 477 booked 60 percent a6 890
CHENNPETRO - Long Setup, Move is ON..NSE:CHENNPETRO
✅ #CHENNPETRO trading above Resistance of 866
✅ Next Resistance is at 1090
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clea
Chennai Petroleum Corporation Limited - Multiyear Breakout #CHENNPETRO
CMP ₹: 720.8
Date : 07-01-2024
Chennai Petroleum Corporation Limited is an India based petroleum refining company. It's an undervalued and cheap stock . Now trading in its 52 week high level with improving fundamentals. A zero promoter pledge company with reducing debt.ROA , ROE & RoCE i
consolidation breakout trading opportunity in CHENNPETROCHENNPETRO consolidating after a big rally, and the stock is in a strong up trend ( stage 2) now the range of the price ( narrow range candles) is tight and volume dried, and today price range expands with increased volume. follow-through range expansion happens it will be a potential short-term sw
CHENNPETRO - Multi-year BreakoutChennai Petroleum Corporation Limited (CPCL) is a company, which offers high speed diesel (HSD) and motor spirit (MS). The Company operates in the downstream petroleum sector.
TTM EPS: 116.21
TTM PE: 4.12
P/B: 2.39
Mkt Cap (Rs. Cr.): 7,126
Dividend Yield: 5.64
Sector PE: 30.01
Book Value Per Share:
Chennai Petro - Multi Year BreakoutCant Miss this Breakout !!!
Look Closely Counter is breaking multiyear High of Nov 2007 and Oct2017. Forming a Double Bottom as well in this Process.
The Oil & Gas Index has also given a monthly Demand Zone Pull and the Index itself is moving +500 Points. This is supporting my logic
Should go a L
CHENNPETRO - Long Setup, Move is ON..NSE:CHENNPETRO
✅ #CHENNPETRO trading above Resistance of 680
✅ Next Resistance is at 866
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly d
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Frequently Asked Questions
The current price of CHENNPETRO is 911.55 INR — it has decreased by 1.60% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CHENNAI PETRO CP stocks are traded under the ticker CHENNPETRO.
CHENNAI PETRO CP is going to release the next earnings report on May 30, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for CHENNAI PETRO CP has a max estimate of 1498.00 INR and a min estimate of 774.00 INR.
CHENNPETRO earnings for the last quarter are 2.70 INR whereas the estimation was 10.17 INR which accounts for −73.45% surprise. Estimated earnings for the next quarter are 10.17 INR. See more details about CHENNAI PETRO CP earnings.
CHENNAI PETRO CP revenue for the last quarter amounts to 165.45 B INR despite the estimated figure of 190.31 B INR. In the next quarter revenue is expected to reach 186.17 B INR.
Yes, you can track CHENNAI PETRO CP financials in yearly and quarterly reports right on TradingView.
Like other stocks, CHENNPETRO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CHENNAI PETRO CP stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 16, 2024, the company has 1.47 K employees. See our rating of the largest employees — is CHENNAI PETRO CP on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CHENNAI PETRO CP EBITDA is 50.61 B INR, and current EBITDA margin is 7.11%. See more stats in CHENNAI PETRO CP financial statements.