Chennai Petroleum Technical Study
Chennai Petroleum has been consistently making higher lows (as can be seen in the chart above). It was trading in a range for the last few weeks and has made multiple tops between Rs.253-256.50. The stock seems to be breaking out of this range and looks set to head upwards in the days to come.
Resistance @ 259 264 and 271
Support @ 247
posted by Bramesh at
2:21 AM
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