CASTROL INDIA

Technical Study

Time Frame taken for study - Monthly
Study -
1. Downtrend Line broken with continuous increasing volume
2. Resistance near 162
3. After a fall, consolidation seen with some volume spikes

Resistance or Targets -
1. 182
2. 216
3. 272

Supports or Stop Loss
1. 120 (dip till)
2. 100

Fundamental Study

Market Cap - ₹ 13,704 Cr.
Stock P/E- 17.0
Book Value- ₹ 20.0
Dividend Yield-4.69 %
ROCE-60.8 %
ROE- 45.9 %
Face Value-₹ 5.00

Good Dividend Yield, ROE and ROCE. Overvalued Compared to Book Value of Rs. 20

This chart is only for educational purpose do your own study before taking any trades.

Comment:

1st Target hit

Comment:

2nd Target almost hit