Buy Confidence Petroleum at CMP for momentum play

This is a super strong chart when compared in NIFTY 50 since last peak. Price has taken support on Kumo cloud and bounce back up and continue the trend higher. The AD line has fantastically moved upward without major change in the price, this means price is ready for a BO upwards.

The target is open and can reach great heights.

Happy Trading / Investing

Regards

Shamoil

Trade closed: stop reached:

Strong reversal seen