Nimble_Pesos

Castrol India - Rounding Bottom and Inverted H&S

Long
NSE:CASTROLIND   CASTROL INDIA
Castrol India has given a strong breakout on Daily and weekly time frame.

It has 2 patterns - Rounding Bottom and Inverted Head and shoulders

Breakout is completed in INverted H&S pattern @ 160

Rounding Bottom Breakout is at 170 level.

SL and demand is at 148 levels.

Looks a strong candidate for coming year.!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.