Chennai Petroleum Corporation Ltd

Stage 2 · Advancing · week 31Setup 6.6 ★★ GoodStrong +2.3

As of 9 Oct 2026, Chennai Petroleum Corporation is in Stage 2 — advancing, the uptrend phase, in week 31 (since 9 Mar 2026). It closed at ₹1,488, 8.5% below its 52-week high and above its 200-day average, which is rising. In Energy, 58.6% of stocks are in Stage 2.

Chennai Petroleum Corporation Limited produces and supplies petroleum products in India. More about the company

₹1,487.7
-2.83% today
₹22,154 Cr · Large cap
Market Neutral — FadingEnergy 58.6% in Stage 2+10.3 pts / 20dOil & Gas - Refining & Marketing 37.5%0.0 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

6.6 ★★ Good

Momentum

Steady

Edge

Strong +2.3

Setup-score rank among Stage 2 peers: #2 of 3 in Oil & Gas - Refining & Marketing · #5 of 17 in Energy

Is CHENNPETRO early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-8.5%
₹717.9 lo₹1,626.4 hi
8.5% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 31
1w13w26w
Week 31 — mature, watch for distribution
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
34.9%
200 DMA: ₹1,102.5 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.66x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↗
MA20 gently rising · +0.7% vs MA50 +8.3%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+2.1%
3M
+26.0%
6M
+50.3%
YTD
+74.0%
1Y
+98.1%
Sector
Energy
↑ Building
Stage 2%
58.6%
20d Δ
+10.3pp
1M return
-7.6%
3M return
-8.0%
Sector Stage-2 % · last 20 days
This stock ranks #2 of 17 Stage 2 stocks in Energy by RS. Leading the sector.
Industry
Oil & Gas - Refining & Marketing
→ Flat
Stage 2%
37.5%
20d Δ
+0.0pp
1M return
-8.6%
3M return
-9.7%
Industry Stage-2 % · last 20 days
Ranks #2 of 3 Stage 2 stocks in this industry. Top tier.
Stage Cycle Timeline2023-07-14 → 2026-10-09
S2 63w
S4 23w
S2 19w
S2 31w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 63w → S3 5w → S4 23w → S1 11w → S2 8w → S3 2w → S2 19w → S3 7w → S2 31w current
Total tracked: 168 weeks across 9 stage runs.
Scan Membership
Prop Scan
Latest: 2026-04-27
Breakout Watch
Latest: 2026-03-09
10 appearances in last 60 days. First seen: 2025-06-30.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S2
Wk 31 · Vol 0.66x
2026-10-08S2
Wk 30 · Vol 2.40x
2026-10-07S2
Wk 30 · Vol 9.24x
2026-10-06S2
Wk 30 · Vol 0.44x
2026-10-05S2
Wk 30 · Vol 0.77x
2026-10-01S2
Wk 30 · Vol 0.80x
2026-09-30S2
Wk 29 · Vol 0.74x
2026-09-29S2
Wk 29 · Vol 1.29x
2026-09-28S2
Wk 29 · Vol 1.25x
2026-09-25S2
Wk 29 · Vol 0.47x
2026-09-24S2
Wk 29 · Vol 0.37x
2026-09-23S2
Wk 28 · Vol 0.45x
Sector Peers — Stage 2All →
OILCOUNTUB
wk 8 · 0.0% from hi
9.0
GANDHAR
wk 19 · -0.9% from hi
7.8
ANTELOPUS
wk 5 · -12.7% from hi
7.2
GESHIP
wk 2 · -10.8% from hi
7.0
DEEPINDS
wk 10 · -8.8% from hi
6.4
Moving averages & range
50 DMA
₹1,402.1
200 DMA
₹1,102.5
52W High
₹1,626.4
52W Low
₹717.9
5D Low
₹1,401
Resistance levels (recent highs)
20d High
₹1,626.4
60d High
₹1,626.4
120d High
₹1,626.4
250d High
₹1,626.4
Next resistance
+9.3%
to 20d High
Ask the Market AI about CHENNPETROAsk →
P/E (TTM)
5.1
Forward 3.7
Earnings Growth (YoY)
+202.5%
Revenue -2.5%
ROE
+32.1%
Profit margin +4.9%
Dividend Yield
1.27%
P/B 1.4
About this companyEnergy· Oil & Gas - Refining & Marketing

Chennai Petroleum Corporation Limited produces and supplies petroleum products in India. The company offers liquefied petroleum gas, naphtha, motor gasoline and spirit, kerosene, aviation turbine fuel, automotive high-speed and high flash diesel, light diesel oil, and bunker and non-bunker fuel oil. It also provides lube products, such as paving bitumen, lube oil base stocks, and extracts. In addition, the company offers paraffin wax, mineral turpentine oil, food grade and pharma grade hexane, petrochemical feedstocks, micro crystalline wax, sulphur, pet-coke, propylene, poly butene feedstock (PBFS), methyl ethyl ketone feedstock, and kerosene supply. Further, it provides asphalt, linear alkyl benzene feedstock, butene-2, lean butene, lean PBFS, furnace oil, isrosene, ISRO naphtha, propylene glycol and polyols, poly iso-butylene, NATO diesel, JP-5 fuel for fighter jets, and missile fuels. The company was formerly known as Madras Refineries Limited and changed its name to Chennai Petroleum Corporation Limited in June 2000. The company was incorporated in 1965 and is based in Chennai, India. Chennai Petroleum Corporation Limited is a subsidiary of Indian Oil Corporation Limited.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.