Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
The stock itself take support on the support line and shown a big bullish green candle. For now the stoploss will be 127 and profit target is 150, or you may say the resistance line is the main profit target area.
MACD crash alert
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Castrol India has broken out of nearly 7 year trendline resistance
Expect good movement from here
Levels are mentioned in the chart
Stop Loss can be adjusted as per your risk appetite
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Castrol Ind has broken multiple Weekly EMA resistances, long term trend resistance and a short term resistance with only increasing volumes...
Stock is sure to touch 160 levels which may offer resistance in short term..
All details on chart.. Keep an eye on this one.. upside is huge if traded correctly..
Castrol is making channel breakout on daily and weekly chart after 1 Year. It travelled in the range for more than 1 year and now making progress to break that out. Keep an eye for long. The target must the channel range.
Please share with your family and friend if you like the idea to go long. This chart is only for education purpose. Consult...
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