ashishhc

Castrol breakout

Long
ashishhc Updated   
NSE:CASTROLIND   CASTROL INDIA
Castrol india looking good for long term investment perspective. Technically its bullish falling wedge pattern. Targets are really open upto all time high. Also i have given further guidance as per fibo extension. it could easily double in some time.
Trade active:
above 187 it will be ready for the next move.
Trade active:
Target1 done
Comment:
Bullish move expected again.

Comment:
Keep adding for long term. It has lot of potential.
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Target2 will be done soon.
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ones it cross 216. It's ready for next upside.
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this stock is rising even in market fall
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This stock can become future multibagger for sure.
Comment:
185 to 190 is accumulation zone only....

Comment:
This stock currently is in pressure due to higher crude prices. It will stabilise soon.
Comment:
exactly bounced from above given levels. 185. Target 2 done.
Comment:
target2 done.
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consolidating above 200 is good. Next upmove will come soon. Ones crude falls this will rise.
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re testing 188 multiple times.
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will be ready for the next move above 200 now.
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Target2 done 205. heading for next targets. just wait & watch.
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Consolidating above 205
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Target3 done. Heading towards 290 340
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Target3 250 done. Should consolidate here now for few days.
Comment:
Target4 nearly hit. It wont stop now. it has 10 yrs brekout found. So it will give huge moves above 270 now.

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