raghavendrakumart

Castrol Day chart - Investment buy

Long
BSE:CASTROLIND   CASTROL INDIA LTD
5
Clean 5 wave decline...corrective rally OR a new long term upmove should being as long as price holds 340 levels.

Recommendation is to BUY on all declines till 340.
Trade active: Price held 340 levels with a low @ 353 and a strong rally from the lows.

A 3rd wave in the making...trail / buy on all dips
Trade active: A rally of 20% from recommended levels and now a consolidation. Uptrend should resume after the consolidation.