Chennai Petroleum – 1D Chart Update
CHENNPETRO
Stock is approaching key resistance around 961–970 zone after steady recovery from 800 levels.
Structure improving with higher highs & higher lows formation.
Key Levels:
Resistance – 961 / 1,067 / 1,150
Immediate Support – 894
Major Support – 862 / 801
Long-Term Support – 703
Sustained breakout above 970 can open further upside toward 1,050+ levels.
Rejection near resistance may lead to range-bound movement.
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Disclaimer:
SEBI Registered Research Analyst. This content is strictly for educational purposes only. No buy/sell recommendation. Please consult your financial advisor before taking any investment decision.
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