Chennai Petroleum stock flashes bullish reversal signal, Kkunal V. Parar see upside ahead
“On the daily chart, the Chennai Petroleum stock has formed a Bullish Engulfing candlestick pattern, indicating a bullish reversal and signaling a potential upside move in the counter. Traders can buy for a target of Rs 861-948 in the next 1-2 months,” Kkunal V. Parar, Vice-President of Technical Research and Algo, Choice Broking, said.
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