Confidence Petro is in the process of forming inverted head and shoulder plus there is volatility compression at the right shoulder. If sustains above 85 then it will head towards new all time high.
US market today is very bearish for certain economical and geo-political reasons. Tomorrow Indian markets will copy and will move downwards. This stock which was previously in a descending triangle pattern has shown a breakout downwards with high volumes, at the ending of today's market session. Resistance level which is marked is historically tested around 4-5...
this 82.50 price needs be sustained for about 2 days for furthe upmove target - immediate target is 95
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
Stock is ready to give ATH maintaining supportive trendline.
CONFIPET:- Stock has given breakout that too with good volume. keep on eye. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful...
Confidence petro. CMP:86 sl:70(wcb) target:95/125. Stock is in uptrend.
Confident petrochemical looking good for short term Investment CMP -85 Buy@82-85 SL @79 Tgt-96
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 45 (if you are a short-term trader) or RSI close below 30 (if you are a long-term investor (or use any other method of your liking) 5. Some other ways to sell stocks...
Time to go long in ConfiPet, nice consolidation and breakout R:R - ATR : 2:5
NSE: CONFIPET is closing with an strong bullish reversal candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days and moving along the trendline which is indicating demand. One can look for a 9% to...
Seems , Confidence petroleum is forming Inverse Head & Shoulder on Daily time frame. Can expect all time high after neckline breakout. Keep 68 as SL.
All detail for chat. good entry at mark price only. and must stoploss is 60 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Confipet Daily having Inv head n shoulder BO on daily chart, 200 ema support on daily chart. Good to buy half qty at 63 for target of 73 , add half qty when retracement near 58-60 levels. SL 56
Parallel Channel & Inverted Head & Shoulder Neckline Breakout in Weekly Timeframe
zigzag correction is going in confipet (5-3-5) , C correction may be complete in next 5-6 trading day after that new impulsive wave may start and fundamental are also good .