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Refineries

CHENNPETRO

Chennai Petroleum Corporation Ltd.

Strong momentum structure

Early Trend
Stage 2 RS leader VCP active Vol compression

Setup readiness

Early Trend

Pivot Levels
₹1108.4-1255.2
Support Level
₹1156.3
Resistance
₹1498.8
Risk Distance
7.9% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
78.0
ADX
17.0
Vol
52.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Strong leadership structure

Trend, relative strength and setup quality align with leading momentum names.

Relative strength Constructive
Breakout readiness Low
Accumulation Constructive

Bullish factors

  • MACD below zero — weak trend (−2).
  • OBV leadership while price lags — accumulation divergence.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • ATR 4.5%/day — healthy volatility (+4).
  • BB squeeze — energy building.
  • Pivot type: flat-top — premium structure.
  • RSI 48 — ideal setup zone.
  • Volume flow suggests quiet institutional accumulation.

Risk factors

Overall view

Leadership metrics are generally constructive, but select risk factors below deserve attention.

Size this trade

Setup research

CHENNPETRO — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Building toward the pivot (12% below)

  • Volume drying up into the base — supply fading
  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector RS Lagging group
  • Relative strength Building (RS 78)
  • Trend strength Weak (ADX 17)

Negatives

This idea is wrong below ₹1156.3 (-4.9% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹1156.3
  • Pivot — failure re-entry below₹1249.0

Risk distance

7.9% to stop
1.8× ATR
2.5× R:R
19.4% reward

Risk ≈ ₹98.89/share from entry ₹1255.2.

No major skip flags detected from current scanner data.

Setup metrics Latest scan

CHENNPETRO Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bullish
POC₹1016.68
VAH₹1114.01
VAL₹972.73
Vol above POC68.5%
Institutional Activity — Moderate Accumulation
Avg cost basis₹1070.25
Acc zone₹869.4–1225.8
Accumulation Sessions8
CMF0.01

Structure

Trend / stage
Stage 2
Stage 2
Weekly trend
Above rising 30-wk MA
Uptrend
RS rank
78.0
Building
ADX
17.0
Weak

Momentum

RSI
48.0
Neutral
Recent move (10d / 20d)
-3.3% / +4.7%
Neutral
Volume quality
52.0
Building
Relative strength
Leading
Strong

Risk

Failure risk
0.0
Low risk
ATR % / day
4.5%
Healthy
Distribution
0 day(s)
Accumulation
Volatility
7 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 30.4%
VCP waves 7x
Vol dry-up Yes
Avg value ₹191.2 Cr
Failure flags None

CHENNPETRO Support & Resistance Levels

Research chart

Daily price action with pivot, support, and resistance levels from our latest scan, plus relative strength vs Nifty.

Size this trade

Pivot levels, support and resistance are drawn on the price chart. · Research only.

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Personalised swing trade analysis powered by Gemini AI

Pattern context 52w · setup · flow

52-week range

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— —

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
— → — ·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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CHENNPETRO FAQ Common swing-trading questions

Frequently asked questions about CHENNPETRO

What are the screener observations for CHENNPETRO?

On Swing Edge's swing-setup framework, Chennai Petroleum Corporation Ltd. (CHENNPETRO) currently grades B — workable setup. Building toward the pivot (12% below). Flagged today. This is educational research, not investment advice.

What are CHENNPETRO's support and resistance levels?

For CHENNPETRO, near-term support sits around ₹1,156.3 (the base/stop zone); overhead resistance is around ₹1,249.0 (the breakout pivot); the next resistance above is ₹1,498.8. This is educational research, not investment advice.

What is the breakout / pivot level for CHENNPETRO?

The breakout pivot for CHENNPETRO is around ₹1,249.0. Price is about 11.8% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is CHENNPETRO above its 50-day and 200-day moving averages?

Yes — CHENNPETRO is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is CHENNPETRO versus the market (RS rank)?

CHENNPETRO has a relative strength (RS) rank of 78 out of 100 versus the NSE universe, making it building relative strength and outperforming the broader market. Trend strength (ADX) reads 17, indicating a weak/choppy trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-25 — not live intraday NSE quotes.