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 above
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
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Refer old posted idea attached below.
CONFIPET trade ideas
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 for retracement for better risk reward ratio)
Buy Confipet Trade Opportunity: Confipet CMP 110
Target Price: 200
Stop Loss: 95
This trade opportunity involves buying shares of Confipet at the current market price of 110, with a target price set at 200 and a stop loss at 95. This strategy aims to capitalize on potential upward movement in Confipet's stock price while mitigating downside risk. By setting a clear target and stop loss, investors can manage their risk effectively while pursuing potential gains in the stock market."
Confidence Petro: Swing Long
Attempting for a breakout by creating a ascending triangle pattern
Momentum is a already up
Expecting a 12 % upside movement
Note: This is just for analysis purpose, please do your own research before punching any orders.
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Strong Price Action- Keep In Radar-w pattern breakout did not sustained
-resistance tested multiple time
-support from lower zone
-trading near resistance in higher levels
-volume build up
-rsi taking support
-trading above all crucial levels and ema
-waiting for adx, macd - keep it in your watchlist
Confidence Petroleum : Momentum Stock#confipet #breakoutstock #momentumtrade #swingtrade #stockmarket
Confipet : 1-3 Month Trade
>> Institutional Buying Visible
>> Momentum Stock / Trending Stock
>> Good Strength & Heavy Volumes in Stock
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Confidence Petro:- Potential ATH Break outConfidence 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,
CONFIPET BO [Weekly]CONFIPET breaking out of a long weekly base with volumes, with 2 trading days left in the week, volumes should attract more attention.
Last 4 quarters, Sales and EPS growth has been good. Number of funds holding this stock has also increased in past 2 quarters. All good signs, Keep an eye out for this.
CONFIPET review - It seems to be positioned to move upNSE:CONFIPET
cmp 98
the study was posted on 27th nov 2023 when the price was 91
since then it has been hovering between 80-90s
this time it appears to be prepared to make the move up
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall.
Trendline Breakout in CONFIPET
BUY TODAY SELL TOMORROW for 5%