VR_Securities

Confidence Petro Ind bullish, Kindly do your own study

Long
NSE:CONFIPET   CONFIDENCE PETRO IND LTD.
This stock has much potential to go up.
Monthly- MACD uptick
Weekly-Price is above 50 EMA and Upper bollinger band challenged, Macd PCO stat and RSI is above 60, ADX is above 15
Daily- Price is above 50 EMA and upper bollinger band challenged with high volume candle.
RSI- above 60, ADX at 27 and stochastic positive crossover from oversold zone
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.