CHENNPETRO - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 2.6

📉 Technical & Momentum Overview

⚠️ Mixed Signals

MACD (19.4): Positive, suggesting short-term momentum.

RSI (64.9): Near overbought zone—momentum may be peaking.

Price Action: Trading above both 50 DMA (₹695) and 200 DMA (₹678), indicating short-term strength.

Volume: Slightly below 1-week average—momentum not broadly supported.

📈 Fundamental Snapshot

✅ Positives

Book Value (₹533) vs Current Price (₹744): Reasonable price-to-book ratio (~1.4).

Debt-to-Equity (0.39): Moderate leverage.

DII Inflow (+0.24%): Mild domestic support.

🚨 Red Flags

ROCE (4.04%) & ROE (2.10%): Very weak capital efficiency.

EPS (-₹15.2): Negative earnings.

PAT Qtr (-₹56.6 Cr) vs Prev Qtr (₹450 Cr): Severe earnings reversal (–117%).

FII Outflow (-1.80%): Foreign investors exiting.

No P/E or PEG: Valuation unclear due to negative earnings.

52W Index (55%): Mid-range, no breakout confirmation.

🎯 Optimal Entry Price

Wait for Confirmation: Entry only above ₹750–₹760 with MACD strengthening and RSI stabilizing.

Aggressive Entry: ₹735–₹740 if volume spikes and RSI crosses 66

🚪 Exit Strategy (If Already Holding)

Target Exit: ₹770–₹785 (next resistance zone)

Stop Loss: ₹715 (below 50 DMA and recent support)

Exit Trigger: RSI > 70 or MACD flattens

Selva, CHENNPETRO is a high-risk swing candidate with technical momentum but severe fundamental deterioration. If you're considering a tactical play, tight stop-loss and alert logic are essential. Want help scripting MACD reversal alerts or building a risk-adjusted PSU basket?

Edit in a page