$CHENNPETRO

📊 Chennai Petroleum (CPCL) – Recovery Watch Important Levels: Support: ₹785 – ₹760 Resistance: ₹845 – ₹875 Structure: Recovery after a strong earnings surprise Business: Integrated refining company and a subsidiary of Indian Oil Corporation. Operates one of South India's major refineries and supplies petroleum products across the region. Earnings / Trigger: CPCL posted a ₹1,017 crore Q1 FY27 profit, supported by improved refining margins, reversing losses from the previous period. Verdict: 👉 Refining sector stock with improving fundamentals 👉 Watch for sustained follow-through after earnings