NeeteshJain

Castrol India - Fueling up

Long
BSE:CASTROLIND   CASTROL INDIA LTD
It is been observed that the price action is trending up while forming higher lows. Now, it has broken a strong resistance zone of 435 - 438 levels and now shall move fuel up further up.

Target 1: 445

Target 2: 455

Stoploss: 430
Trade active
Trade active: Breaks above resistance zone. Regards
Trade closed: target reached: Target 1 reached successfully. Regards
Comment: Now, looking for Target 2. Regards
Trade closed: target reached: Target 2 reached successfully, Regards
Comment: Now, Re-enter at 440 levels. Regards
Trade active

Comments

It was a great selection on time @NeeteshJain, Congratulations ;)
+1 Reply
NeeteshJain piyushk921
@piyushk921, Thanks, I wish you had a good one. Regards
Reply
piyushk921 NeeteshJain
@NeeteshJain, Not really, But it's great putting ideas here, Getting people's love just by sharing our knowledge with them.
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Hey Neetesh, wanna revisit this one? Still looking good?
Reply
good it was amazing
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@NeeteshJain : are new target levels for Entry at 440?
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Thanks for the updates.
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newbie here. how do you conclude the BO is upward and not downwards - is it the higher lows in March which indicates this?

How do you spot a false BO in such scenarios?
Reply
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