CASTROLIND : Contraction Before ExpansionNSE:CASTROLIND has express some better strength after a year long consolidation. What we can further observe with the current price action is as below.
Key Observations:
1. An attempt to escape from base consolidation as primary expressions.
2. The daily chart demonstrates a clear shift from a multi-month markdown into an aggressive expansion phase with expanded volume.
3. Price action has reclaimed short term EMA 20 and 50 but also long term EMA 100 and 200, signifies a short-to-medium-ter
Long
