Castrol - Double support!

Sep 29, 2017

CASTROLIND has taken double support with double bottom as well and trendline.

Castrol has also made a dogi at the bottom in a down trend signaalling reversal.

Buy Castrol above 365
Target - 370 / 393 / 407 High probability that Castrol will at least breach second target
SL 350. Short SL 356

Oct 5, 2017

Note

Revise the buy price to 361 instead of 365

Oct 17, 2017

Trade active

Oct 20, 2017

Note

Either book the stock now or book if hits 373.50

Oct 23, 2017

Trade closed: target reached

Closing longs on nifty concerns.
Profit -> 380 - 365 = 15
Profit for those who traded in 1 lot => 1400 * 15 = 21000