NeeteshJain

Jul 21, 2017 5:38 AM

Castrol India - Breaking Trendline and Forming Higher Lows Long

CASTROL INDIA LTD.BSE

Description

⋅ Jul 21, 2017 5:38 AM

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

⋅ Jul 21, 2017 5:40 AM

Trade active

⋅ Jul 25, 2017 4:04 AM

Comment

⋅ Jul 25, 2017 4:57 AM

Moving up steadily.

Comment

⋅ Jul 28, 2017 9:54 AM

SL Revised 400 levels.

The price action is re-testing previous support zone.

Thanks

Comments

nilay.mishra71

⋅ Jul 25, 2017 5:36 AM

it will move till your target is achieved sir....

NeeteshJain

⋅ Jul 25, 2017 5:47 AM

@nilay.mishra71, Sure :)

imdbeststocktrader_

⋅ Jul 24, 2017 2:29 PM

Nice pick Neetesh, Fundamentally a decent stock

NeeteshJain

⋅ Jul 24, 2017 5:37 PM

@imdbeststocktrader_, Yes, it is good stock overall. Thanks

PankajNegi

⋅ Jul 22, 2017 6:36 AM

Possibly on Monday, we should see your target :)

NeeteshJain

⋅ Jul 23, 2017 11:15 AM

@PankajNegi, Yes, it shall work out well. Thanks

nilay.mishra71

⋅ Jul 21, 2017 9:24 AM

sir fingers crossed

NeeteshJain

⋅ Jul 23, 2017 11:15 AM

@nilay.mishra71, It shall work out well on Monday. Thanks

pro1988

⋅ Aug 31, 2017 6:11 AM

The trades that reach the target will be mentioned in your comments but the trades hitiing the stop losses are never updated by you ?? Why so, .......what kind of analysis is this ??/

NeeteshJain

⋅ Aug 31, 2017 7:45 AM

@pro1988, Yes Sir, I had this habit but now I have changed it. I generally write a follow up plan if stoploss is hit or just closed the trade setup. Now, I shall be updating the status order with clarity of action. Thanks for the feedback. Regards