Stock analysis Confidence Petro Ind Ltd. CONFIPET
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Recent prices of CONFIPET Confidence Petro Ind Ltd. are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 17 Thu Apr 2025 | 55.22 | 54.25 to 56.99 | -0.88% | 0.76 times |
| 16 Wed Apr 2025 | 55.71 | 54.06 to 57.40 | 4.33% | 2.13 times |
| 15 Tue Apr 2025 | 53.40 | 52.01 to 53.86 | 3.13% | 0.59 times |
| 11 Fri Apr 2025 | 51.78 | 50.22 to 52.14 | 4.65% | 0.69 times |
| 09 Wed Apr 2025 | 49.48 | 48.60 to 50.69 | -1.71% | 0.42 times |
| 08 Tue Apr 2025 | 50.34 | 49.19 to 51.28 | 3.5% | 0.6 times |
| 07 Mon Apr 2025 | 48.64 | 46.75 to 49.00 | -3.28% | 1.18 times |
| 04 Fri Apr 2025 | 50.29 | 49.81 to 53.60 | -6.23% | 1.12 times |
| 03 Thu Apr 2025 | 53.63 | 50.00 to 54.49 | 5.51% | 1.18 times |
| 02 Wed Apr 2025 | 50.83 | 49.00 to 51.26 | 0.36% | 0.52 times |
| 01 Tue Apr 2025 | 50.65 | 46.90 to 51.40 | 7.95% | 1.56 times |
| 28 Fri Mar 2025 | 46.92 | 46.37 to 50.76 | -1.84% | 1.89 times |
Technical analysis forecast of Confidence Petro Ind Ltd. Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Confidence Petro Ind Ltd. CONFIPET at this time. Stock is rising and might rise more.
It appears as if Confidence Petro Ind Ltd. CONFIPET gave a large move recently.
Stock of Confidence Petro Ind Ltd. (CONFIPET) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Confidence Petro Ind Ltd. is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Confidence Petro Ind Ltd. stays above 54.3, but if it comes below 54.3, then a intra day sell could be more profitable.
If you take a sell trade below 54.3, then use 54.3 as stoploss and 51.93 as target. However if you take a buy trade in Confidence Petro Ind Ltd., then use 54.3 as stoploss and 57.1 as target.