Hi everyone,
Let's discuss about one of the stock which is looking super strong on chart, it's castrolind. Anyone of us who owns an automobile or even any mechanical m/c must have came through the name of Castrol. It produces different types of lubricants for a wide variety of m/c.
If we look at its chart; It was in a downtrend since Dec'14 i.e. almost 9 years, and recently in July it has given a breakout and form new higher high breaking the last lower high of 135.
It got resisted at its major resistance of 156 and is slowly consolidating at that price.
There are many more reasons to go long in this stock, you can point those out in comment section and share your thoughts on this stock.
Thanks.
Let's discuss about one of the stock which is looking super strong on chart, it's castrolind. Anyone of us who owns an automobile or even any mechanical m/c must have came through the name of Castrol. It produces different types of lubricants for a wide variety of m/c.
If we look at its chart; It was in a downtrend since Dec'14 i.e. almost 9 years, and recently in July it has given a breakout and form new higher high breaking the last lower high of 135.
It got resisted at its major resistance of 156 and is slowly consolidating at that price.
There are many more reasons to go long in this stock, you can point those out in comment section and share your thoughts on this stock.
Thanks.