NikTrader001

Castrol big Buy Opportunity

Long
NikTrader001 Updated   
NSE:CASTROLIND   CASTROL INDIA
Castrol has been in a continuous downtrend since 2015 and has bottomed out at 100. The triangle pattern is clearly broken in this weekly chart and is ready to give out huge targets. Any dip towards 125 - 127 can be bought in with T1 - 152 and T2 at ~ 180 levels giving a risk reward of 1:4. SL to be maintained at closing below 110 on weekly charts. MACD and ADX also support the buy view.
Trade active:
Castrol movingggggg !!!
Trade active:
Target 152 reached...

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