CASTROL INDIA (1D TF) - Swing Trade Analysis given on 10th April, 2024 Pattern: RECTANGLE BOX BREAKOUT - Volume buildup at Resistance - Done ✓ - Resistance Breakout - Done ✓ - Wait for Demand Zone Retest & Consolidation - In Progress * Disclaimer
Castrol is a safe stock which has shown an amazing trendline breakout. Stock provides a good dividend yield as well. If trend continues in upward direction, stock can test ATH and make new highs in medium term. Keep in watchlist. Levels mentioned on chart.
CASTROLIND:- Breakout of falling wedge has been found and if it sustains above 147.30 level then downside movement can be seen. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check...
📈 NSE:CASTROLIND Technical Analysis (Week Ending 16th Feb 2024) Closing Price: 💵 207.70 Parabolic SAR: ✅ Buy Signal @ 186.55 EMA & MA Crossover: 🔄 Pending (Bullish Trend Support Expected Soon) MACD: MACDR: 📊 6.95 (Crossing Signal) Histogram: ➕ Positive @ 0.05 Stochastics RSI: 🔄 K51.90 ➡️ D35.58 (Oversold Zone Exit) %R (Williams Percent...
Castrol is breaking out of consolidation and presents a good long term buy opportunity
The "Castrol India Big Breakout" trade idea suggests a significant and potentially trend-defining movement in the stock of Castrol India Limited. A "big breakout" typically implies that the stock is poised to breach a key resistance level, signaling a potential shift in its price dynamics. Traders and investors may be anticipating a substantial upward movement,...
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. When price reverses from major support (after major downtrend) and breaks above major resistance zone, it signals towards a major trend change towards upside. The above analysis is purely for educational purpose....
CASTROLIND - looks good on WTF Good volumes Breaking out after 2020 keep it on radar - might show good momentum Plan your trade. Happy Holidays !!!
#Castrolindia #target #Trading Castrol india Blasted as per our view and Booked good profits. Let's look for the Another good trades.
#Castrolindia #StocksToBuy #Trading #StockMarketindia Castrol india - Trade was live already. One can add accumulate the stock at marked levels. Buying price range - 140 - 138 Target price - 153 SL - 133 RRR - 1:2.2
Positional Buy It is trading on a very STRONG SUPPORT ZONE Also we have seen 21 EMA crossover on monthly chart
NSE: CASTROLIND is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
We can see a good VCP pattern in this share and xabcd harmonic pattern which are giving targets of 166 in this particular script on monthly we can se a good big bar inside candle
I am very bullish on castrol ind 'also look on monthly time frame Stock is giving good sales growth as well
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
Stock Name - Castrol India Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 132 #This is not Buy and Sell recommendation to any one. This is for education...
Logic: Symmetrical Triangle (Pandant pattern breakout) Trade: Sell below 123, SL: 125. T: ~119.
Castrol have break its channel pattern by Monthly and Weekly time frame and hangs over 110 . good to accumulate for long time. * Learn and invest *