Castrol India - Fueling up for BSE:CASTROLIND by NeeteshJain

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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

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Hey Neetesh, wanna revisit this one? Still looking good?

good it was amazing

@NeeteshJain : are new target levels for Entry at 440?

Thanks for the updates.

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?

It was a great selection on time @NeeteshJain, Congratulations ;)

piyushk921

@piyushk921, Thanks, I wish you had a good one. Regards

NeeteshJain

@NeeteshJain, Not really, But it's great putting ideas here, Getting people's love just by sharing our knowledge with them.