Is CONFIDENCE PETROLEUM INDIA in uptrend or downtrend?

In the short term price movements in CONFIPET share indicates the market has a decisive bullish trend.

What is CONFIDENCE PETROLEUM INDIA share price forecast for tomorrow?

In Confidence Petroleum India Limited stock current resistance level is at 43 and support level is at 33. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Bullish.

What are CONFIDENCE PETROLEUM INDIA support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Confidence Petroleum India Limited in the short-term, the supply zone around 43 and 40. Hence, good chances of resistance around 40. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Confidence Petroleum India Limited share is around 33 and 30. Hence, good chances for support around 30.

Why is CONFIDENCE PETROLEUM INDIA share price falling today?

Perhaps CONFIPET stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

CONFIDENCE PETROLEUM INDIA Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data