Daily charts of CONFIPET. (OPEN THE CHART ABOVE TO UNDERSTAND THIS DESCRIPTION BETTER) Gave a long accumulation for 4 months in 2020 Shot up after a breakout price action Consolidating again in the purple zone This purple zone can act as a Re-accumulation zone (if price breaks from the upper side of the range) or as a distribution zone (if price breaks from the...
buy above 68 in swing and intraday for swing trade keep sl according to your risk, For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as...
Daily Closing above 66.. will trigger some fresh Buying! I am already in from 60 level..will start pyramiding once it gives a breakout!
Levels strictly on closing basis.
After retest the support area and price and volume and increasing...do ur study before investing
Took support..good buy near 38-40 levels for 10-20% profits
Confidence Petro India Ltd hourly analysis
BUILT UP YOUR CONFIDENCE WITH THIS 55% PROMOTER HOLDING. GOING IN TO BLUE SKY ZONE.
confidence petro, med trm trgt 52.2 and long trm trgt 61.6...might correct on the way..story is positive..buy on dips..if correct till 36
*High volume breakout on weekly Chart and weekly closing above previous life time high. *Technically made Rounding Bottom Pattern. *Stock trading all important moving average.
confidence-petroleum-india BUY