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HARMONICSANAND
Jul 22, 2021 5:55 AM

multiple resistance/rounding bottom buy Long

CASTROL INDIANSE

Description

castrolind : 141.60

trade set up :
1. buy above 150.50
2. keep stop loss as 128 on closing basis
3. targets 162/186/222+
buy based on technical :
1. rounding bottom
2. multiple time frame analysis
3. resistance
4. value buy
note :
breakout attempted once and retested ,
results were too good last quarter .
good long term pick .
its almost debit company at good valuation to pick
Comments
nick69420
thank you brother for this post! very cool.
fxdyy
Dint you think this chart will turn to a cup and handle?
karthikvenkat86
Excellent pick and analysis!! Shall I start Accumulate now or wait to break out on 150 ?
HARMONICSANAND
@karthikvenkat86 keep stoploss and u can accumulate till support levels mentioned
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