Munafa Confidence Petro Ind Ltd. (CONFIPET) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Confidence Petro Ind Ltd. (CONFIPET) Indicator analysis

Confidence Petro Ind Ltd. stock tips (delivery Volume analysis)

Total 5 day volume for Confidence Petro Ind Ltd. is 9064750, out of which 4131481 went into delivery, which is 45.58 percent of total volumes

Volumes in the last session was 1972336, out of which 889303 went into delivery, which is 45.09 percent of total volumes.

Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.

Confidence Petro CONFIPET intraday stock tips

23 Friday October Stock tips for Confidence Petro Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Confidence Petro CONFIPET gave a large move recently.

Although my analysis for Confidence Petro is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 69.4, for a target of 75.9 or 81.22

22 Thursday October Stock tips for Confidence Petro Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Confidence Petro CONFIPET gave a large move recently.

Although my analysis for Confidence Petro is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 72.6, for a target of 78 or 82.45

21 Wednesday October Stock tips for Confidence Petro Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Confidence Petro CONFIPET gave a large move recently.

Although my analysis for Confidence Petro is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 75.1, for a target of 79.6 or 83.37

19 Monday October Stock tips for Confidence Petro Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Confidence Petro CONFIPET gave a large move recently.

Although my analysis for Confidence Petro is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 77.7, for a target of 81.3 or 84.29

16 Friday October Stock tips for Confidence Petro Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Confidence Petro CONFIPET gave a large move recently.

My analysis of Confidence Petro is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Confidence Petro stays below 82.1, but if it comes above 82.1, then a intra day buy could be more profitable.
If you take a sell trade below 82.1, then use 82.1 as stoploss and 78.8 as target. However if you take a buy trade in Confidence Petro, then use 82.1 as stoploss and 84.91 as target.

15 Thursday October Stock tips for Confidence Petro Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Confidence Petro CONFIPET gave a large move recently.

My analysis of Confidence Petro is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Confidence Petro stays below 82.7, but if it comes above 82.7, then a intra day buy could be more profitable.
If you take a sell trade below 82.7, then use 82.7 as stoploss and 79.6 as target. However if you take a buy trade in Confidence Petro, then use 82.7 as stoploss and 85.27 as target.

14 Wednesday October Stock tips for Confidence Petro Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Confidence Petro CONFIPET gave a large move recently.

My analysis of Confidence Petro is bearish for shortterm, and stock might move down till 83.4 or till 80.7. Use a stoploss of 85.69 and if the stock hits stoploss, then it can shoot up till 87.94

Confidence Petro CONFIPET tips for tomorrow

Tomorrow's movement Prediction of Confidence Petro CONFIPET is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 77.63

Munafa value: 40

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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