Castrol is breaking out of consolidation and presents a good long term buy opportunity
Comment:
In a pull back
Weekly Relative Strength vs Nifty has turned positive after 7 years (Daily has been trending positive for last 6 months)
Momentum still positive looking at weekly RSI
Move from Mar'23 low has followed an impulsive structure
Waiting patiently
Comment:
Broken above the recent high after pull back
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Weekly Relative Strength vs Nifty has turned positive after 7 years (Daily has been trending positive for last 6 months)
Momentum still positive looking at weekly RSI
Move from Mar'23 low has followed an impulsive structure
Waiting patiently