PrashantBhiwaniwala

Castrol India Ltd - 03.08.2021

Long
NSE:CASTROLIND   CASTROL INDIA
Castrol India Ltd - 03.08.2021

The stock is trading @ 140.80

There is MACD Bullish Divergence in Daily Chart

There is Stochastic Bullish Divergence in Daily Chart

The prices are above ema in Hourly Chart.

One can initiate a buy @ current levels with support @ 138.20

strong resistance @ 146

let the prices go above 155

target: 160, 166, 175

timeframe: 6-8 months

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