Confidence Petrol ltd., Looking good ; min 50% Roi ; swingFor short term investment ;
Leave a " Like If you agree " .👍
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Wait for small retracement & daily candle to close above - "57.50" .
Trade carefully untill ENTRY level.
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Entry: 57.5
Target: 61-66-73-81
sl: 53
major stoploss/ support: 44.5.
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Enter only if market Breaks and retrace and support ab
2.26 INR
1.01 B INR
26.98 B INR
107.77 M
About CONFIDENCE PETRO IND LTD.
Sector
Industry
CEO
Nitin Punamchand Khara
Website
Headquarters
Nagpur
Founded
1994
ISIN
INE552D01024
FIGI
BBG000BD3ZX1
Confidence Petroleum India Ltd. engages in the manufacture and marketing of liquefied petroleum gas (LPG) cylinders. It operates through the Cylinder and LPG Trading & Refilling. The Cylinder segment is involved in the production and marketing operations of cylinder. The LPG Trading & Refilling segment engages in the bottling of LPG and supplies for commercial use. The company was founded on July 21, 1994 and is headquartered in Nagpur, India.
STOCK FOR 15-20 PERCENT RETURNSStock is currently at the support zone and also on the trendline base.
The targets can be;
1.95
2.100
3.105
4.110
Can hold it for at least a month for the desired target.
DO NOT TRADE IF BREAKS THE TREND LINE
DISCLAIMER - Analyse yourself before investing.
HAPPY TRADING
CONFIPETSWING/POSITIONAL TRADE IDEA
FALLING WEDGE CHART PATTERN BREAKOUT
(A Solid consolidation before breakout)
Looks Good On DAILY TIME FRAME
(DASHED LINE Drawn With YELLOW and BLUE color represent Resistance and Support on MONTHLY TIME FRAME)
VOLUMES are excellent
Risk reward is okish
(one may wait
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of CONFIPET is 57.55 INR — it has decreased by −0.05% in the past 24 hours. Watch CONFIDENCE PETROLEUM INDIA LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange CONFIDENCE PETROLEUM INDIA LTD stocks are traded under the ticker CONFIPET.
CONFIPET stock has risen by 2.89% compared to the previous week, the month change is a 1.05% rise, over the last year CONFIDENCE PETROLEUM INDIA LTD has showed a −32.78% decrease.
CONFIPET reached its all-time high on Feb 19, 2024 with the price of 119.95 INR, and its all-time low was 0.13 INR and was reached on Nov 10, 2003. View more price dynamics on CONFIPET chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CONFIPET stock is 3.46% volatile and has beta coefficient of 1.45. Track CONFIDENCE PETROLEUM INDIA LTD stock price on the chart and check out the list of the most volatile stocks — is CONFIDENCE PETROLEUM INDIA LTD there?
Today CONFIDENCE PETROLEUM INDIA LTD has the market capitalization of 19.10 B, it has increased by 5.54% over the last week.
Yes, you can track CONFIDENCE PETROLEUM INDIA LTD financials in yearly and quarterly reports right on TradingView.
CONFIPET net income for the last quarter is 306.80 M INR, while the quarter before that showed 177.40 M INR of net income which accounts for 72.94% change. Track more CONFIDENCE PETROLEUM INDIA LTD financial stats to get the full picture.
Yes, CONFIPET dividends are paid annually. The last dividend per share was 0.10 INR. As of today, Dividend Yield (TTM)% is 0.17%. Tracking CONFIDENCE PETROLEUM INDIA LTD dividends might help you take more informed decisions.
CONFIDENCE PETROLEUM INDIA LTD dividend yield was 0.12% in 2023, and payout ratio reached 2.86%. The year before the numbers were 0.16% and 3.51% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 21, 2025, the company has 4.14 K employees. See our rating of the largest employees — is CONFIDENCE PETROLEUM INDIA LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CONFIDENCE PETROLEUM INDIA LTD EBITDA is 3.44 B INR, and current EBITDA margin is 13.39%. See more stats in CONFIDENCE PETROLEUM INDIA LTD financial statements.
Like other stocks, CONFIPET shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CONFIDENCE PETROLEUM INDIA LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CONFIDENCE PETROLEUM INDIA LTD technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CONFIDENCE PETROLEUM INDIA LTD stock shows the neutral signal. See more of CONFIDENCE PETROLEUM INDIA LTD technicals for a more comprehensive analysis.
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If you're still not sure, try looking for inspiration in our curated watchlists.