Castrol India -- will soon show its move??
Moving in a downward channel since October 2016.
Recent moves show that there is sharp turn in the 200 MA, which is positive indication.
Will it break the channel this time and start its northward move??
Fundamentals look very good.
Waiting to break above 132 level for better chances of channel break.
This is just my observation.
I am keeping this stock in watch-list for next 2 months.
Recent moves show that there is sharp turn in the 200 MA, which is positive indication.
Will it break the channel this time and start its northward move??
Fundamentals look very good.
Waiting to break above 132 level for better chances of channel break.
This is just my observation.
I am keeping this stock in watch-list for next 2 months.
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