Confidence Petro is seems to about to breakout of its ATH level.. CMP 103.65, Best buy above 105 closing basis Fundamentally decent and script with good growth history... Support below 89 for short term trade and 82 for positional trade.. DISCLOSEURE:- This post is for educational purpose only, I am not certified SEBI RA or TA,
Huge Volume Build Up Plan Pattern Breaking Monthly Chart looking really interesting Weekly Chart rising wedge pattern SL 70 Target 1: 150 Target 2: 200 Long Term
Levels strictly on closing basis.
confidence-petroleum-india BUY
Stock hit the upper circuit today which was above the previous high which confirms it's breakout. Position can be made for some good amount of money with the stop-loss and targets mentioned on charts.
after a considerable fall, has retraced and now momentum is building up (from MACD indicator) already tuk at 35.4 (small qty) for a target of 39