CHENNPETRO - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.4

🚀 Strong momentum, high volume, and breakout price action make CHENNPETRO a compelling intraday candidate today.

📈 Positive

• 📊 MACD at 49.4 and RSI at 72.7 — strong bullish momentum.
• 📈 Trading well above DMA 50 and DMA 200 — confirms breakout trend.
• 📈 Quarterly PAT turnaround from -₹56.6 Cr. to ₹732 Cr. — massive earnings recovery.
• 📈 EPS of ₹76.2 and P/E of 12.9 — undervalued relative to industry average.

⚠️ Limitation

• 📉 Volume slightly below average (1.18 Cr. vs 1.65 Cr.) — watch for confirmation.
• 📉 ROCE (4.04%) and ROE (2.10%) — weak capital efficiency despite earnings spike.
• 📉 PEG ratio of -0.26 — suggests earnings volatility or unsustainable growth.

📰 Company Negative News

• 📉 Historically weak ROE and ROCE may limit long-term investor confidence.

🌟 Company Positive News

• 📈 PAT surged 216% — strong operational rebound.
• 📈 Slight increase in both FII (+0.02%) and DII (+0.12%) holdings — institutional support building.

🛢️ Industry

• 🛢️ Operates in oil refining — cyclical but currently supported by global energy demand and margin expansion.
• 📊 Industry P/E of 20.3 vs stock P/E of 12.9 — CHENNPETRO trades at a discount.

📌 Conclusion

• 📈 Strong intraday setup with breakout momentum and earnings-driven price action.
• 💡 Optimal buy range: ₹975–₹980. Target exit: ₹995–₹1,010.
• 🛑 Stop-loss: ₹960 to protect against reversal.
• 📤 If already holding, consider exiting near ₹1,000 if RSI crosses 75 or MACD flattens intraday.

I can also help you track CHENNPETRO’s intraday volume spikes and RSI thresholds to fine-tune your exit strategy.