CONFIDENCE PETRO IND LTD CONFIPET

beartrader17

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.

devdhodi

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...

iuyuyiyu

this 82.50 price needs be sustained for about 2 days for furthe upmove target - immediate target is 95

Krishna_Vamsi_Sistla Updated 

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

subbu_1915

Stock is ready to give ATH maintaining supportive trendline.

AjayDhakad_Keep_it_simple

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...

vijay231084

Confidence petro. CMP:86 sl:70(wcb) target:95/125. Stock is in uptrend.

AJAY_M

Confident petrochemical looking good for short term Investment CMP -85 Buy@82-85 SL @79 Tgt-96

devbisht5453

Round Bottom forming in CONFIPET with high volume ...

akashbothra

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...

VebhaInvesting

Time to go long in ConfiPet, nice consolidation and breakout R:R - ATR : 2:5

pranav493

Stock is consolidating near resistance.. Cup and Handle Breakout.. Horizontal and Slanting trendline breakout.. SL 73.. CMP 81.. Target 95/110.

BrahmaBull31 Pro

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...

khulvenaveen

Seems , Confidence petroleum is forming Inverse Head & Shoulder on Daily time frame. Can expect all time high after neckline breakout. Keep 68 as SL.

SARAVANARAJA1992

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

pranjalitigade

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

arunsolo1984 Pro

Parallel Channel & Inverted Head & Shoulder Neckline Breakout in Weekly Timeframe

Tms9292

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 .