CHENNPETRO - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 3.7

📊 Analysis: CHENNPETRO is trading at 887 ₹, slightly below 50 DMA (904 ₹) but above 200 DMA (779 ₹), reflecting medium-term strength with short-term caution. RSI at 41.5 indicates weak momentum, while MACD (-7.57) signals bearish undertone. Volume (6,41,348) is nearly in line with average (6,48,104), showing stable participation. Fundamentals show undervaluation with strong EPS, but intraday sentiment remains cautious.

💡 Optimal Buy Price: 880–890 ₹ if price stabilizes near support.

🎯 Profit-taking Exit Levels: 905 ₹ (near 50 DMA), 920 ₹ (next resistance).

🛡️ Stop-loss / Loss Protection: 870 ₹ (below intraday support).

⏱️ If Already Holding: Exit if price fails to hold above 880 ₹ or RSI drops below 40 with declining volume. Momentum exit can be triggered near 905–915 ₹ if upward move lacks strength.

Positive

• ✅ Low P/E of 11.6 compared to industry average (11.3), showing fair valuation.
• ✅ EPS at 76.2 ₹ supports valuation strength.
• ✅ Strong quarterly PAT recovery (732 Cr. vs -56.6 Cr. previous).
• ✅ Debt-to-equity ratio at 0.23, manageable leverage.
• ✅ 52-week index return at 67.8%, reflecting strong sector momentum.

Limitation

• ⚠️ RSI at 41.5 reflects weak momentum.
• ⚠️ MACD (-7.57) indicates bearish undertone.
• ⚠️ ROCE at 4.04% and ROE at 2.10% are relatively weak.
• ⚠️ PEG ratio at -0.24, indicating poor growth valuation.

Company Negative News

• 📉 Historically weak profitability (previous quarter loss of -56.6 Cr.).

Company Positive News

• 📈 Strong quarterly profit turnaround (+216% variation).
• 📈 FII holding increased (+0.02%).
• 📈 DII holding increased (+0.12%).

Industry

• 🏭 Industry P/E at 11.3, in line with company’s 11.6, showing fair valuation.
• 🏭 Sector momentum strong with 52w index return at 67.8%.

Conclusion

📌 CHENNPETRO is a moderate intraday candidate with cautious upside. Buy near 880–890 ₹ with stop-loss at 870 ₹. Exit around 905–920 ₹ if momentum sustains. Strong fundamentals and profit recovery support long-term view, but weak RSI and MACD suggest intraday trades should be closely monitored.

Would you like me to extend this into a peer benchmarking overlay so you can compare CHENNPETRO against other refinery and petrochemical sector stocks for intraday confirmation?