NeeteshJain

Castrol India - Breaking Trendline and Forming Higher Lows

Long
BSE:CASTROLIND   CASTROL INDIA LTD
It is been observed on the daily chart that the price action is breaking above the trendline resistance, indicating further bullishness ahead. It shall further move up as higher lows also formed.

Target: 418

Stoploss: 405
Trade active
Trade active
Comment: Moving up steadily.
Comment: SL Revised 400 levels.

The price action is re-testing previous support zone.

Thanks