Confidence Petroleum India Technical Analysis

Confidence Petroleum India Ltd Technical Analysis

Confidence Petroleum India Ltd technical analysis is gaining attention among traders and investors tracking Confidence Petroleum India Ltd Technical Analysis trends in the Indian stock market. Confidence Petroleum India Ltd (NSE: CONFIPET, BSE: 526829) is currently trading at ₹32.18, showing a -3.65% move as of Fri, Feb 27, 2026.

This detailed Confidence Petroleum India Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Confidence Petroleum India Ltd Stock Overview

Confidence Petroleum India Ltd operates in the Retail trade sector under the Specialty stores industry. With a market capitalization of ₹11.17B and a PE ratio of 12.54, Confidence Petroleum India Ltd remains a key stock to watch in Confidence Petroleum India Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹11.17B
• PE Ratio: 12.54
• Dividend Yield: 0.30
• Sector: Retail trade
• Industry: Specialty stores

These fundamentals play an important role in Confidence Petroleum India Ltd technical analysis and valuation tracking.

Confidence Petroleum India Ltd Support and Resistance Levels

Classic Pivot Levels

In Confidence Petroleum India Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 46.86
• Resistance 2: 40.22
• Resistance 1: 36.32
• Pivot Point: 33.58
• Support 1: 29.68
• Support 2: 26.94
• Support 3: 20.30

Conditional Insight

Confidence Petroleum India Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 29.68 and 26.94.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Confidence Petroleum India Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 40.22
• Fibonacci R2: 37.69
• Fibonacci R1: 36.12
• Fibonacci Pivot: 33.58
• Fibonacci S1: 31.05
• Fibonacci S2: 29.48
• Fibonacci S3: 26.94

Confidence Petroleum India Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Confidence Petroleum India Ltd Moving Average Analysis

Moving averages are key indicators in Confidence Petroleum India Ltd technical analysis for identifying trend direction.

• 10 EMA: 32.05
• 20 EMA: 32.39
• 30 EMA: 32.78
• 50 EMA: 33.80
• 100 EMA: 37.03
• 200 EMA: 43.61

Trend Logic

Confidence Petroleum India Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Confidence Petroleum India Ltd technical analysis remains positive above 200 EMA.

Confidence Petroleum India Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 43.76
• MACD: -0.49
• Signal: -0.45
• ADX: 21.85
• Momentum: -0.77

RSI Logic

Confidence Petroleum India Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Confidence Petroleum India Ltd technical analysis indicates bearish momentum with MACD below signal line.

Confidence Petroleum India Ltd Overall Recommendation

• Overall Recommendation Score: -0.40
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: 0

Overall Confidence Petroleum India Ltd technical analysis sentiment remains neutral with mixed signals.

Confidence Petroleum India Ltd Technical Analysis Conclusion

Confidence Petroleum India Ltd technical analysis suggests that traders should closely monitor price action around ₹32.18 and key pivot level 33.58. Breakouts above resistance or breakdown below support will define the next trend in Confidence Petroleum India Ltd technical analysis.

Investors searching for Confidence Petroleum India Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Confidence Petroleum India Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.