Chennai Petroleum Corporation Ltd – 1D
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CHENNPETRO
Trend:
Sideways to bullish recovery
Key Levels:
Resistance – 1,063 / 1,103
Support – 936 / 783
Price Action:
Price is forming higher lows after a base near 783–936 zone. Currently pushing towards resistance with momentum building.
Expected Move:
Breakout above 1,063 → continuation towards 1,103+
Rejection → pullback towards 936
Verdict:
Range breakout setup — bullish above 1,063
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Disclaimer:
I am a SEBI Registered Research Analyst. This content is purely for educational and informational purposes only. It does not constitute investment advice or recommendations. Please consult your financial advisor before making any investment decisions.#WatchOutFor
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