Castrol watch for fall on day chart , week chart

Castrol India to watch out for fall on the week and daily chart for important support line

Comment:

Castrol perfectly broke the trend line , going down for key support area

Comment:

Key Support area is touched

Comment:

Now that castrol has touched out daily key support area , i am expecting it to down further till 104.8 level .

monthly buyers area is there .

There is a divergence in monthly chart which can be observed easily . so our entry would be somewhere around 97 - 105, if there is bounce.

Trade closed: target reached:

Analysis completed 104 , however chart is still not looking good for up move but not tracking it anymore