Chennai Petroleum – 1D Chart Update

The stock has witnessed a sharp rejection from the 1,020 zone and is currently correcting after a strong upward move. Despite the recent decline, the broader structure still shows higher highs and higher lows on the daily timeframe. Key Levels: Resistance – 1,020 / 1,100 zone Immediate Support – 900 zone Major Support – 820–850 zone Holding above the 900 area will be important to maintain the broader bullish structure. 📲 Join for regular market insights: ***** 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.