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
Comment:
Revise the buy price to 361 instead of 365
Trade active
Comment:
Either book the stock now or book if hits 373.50
Trade closed: target reached:
Closing longs on nifty concerns.
Profit -> 380 - 365 = 15
Profit for those who traded in 1 lot => 1400 * 15 = 21000
Profit -> 380 - 365 = 15
Profit for those who traded in 1 lot => 1400 * 15 = 21000
