GyanTrader_AKS

Castrol Ind Big Volume Blast since last 8 years

Long
NSE:CASTROLIND   CASTROL INDIA
Castrol Ind looks very attractive..

Fundamentals : Very Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs very low debt. Only slight negative point is FIIs holding decreased in recent quarter still overall parameters are healthy

Technicals : Very Bullish above 180 on weekly closing.. Harmonic pattern active + strong reversal indication with big volume spike after 7-8 years, 70 million vs Avg 13million weekly volume..

R 1: 180
R 2: 210
R 3: 240, Above that 270 + possible!

S : 130

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