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CASTROLIND

Castrol India - Rectangular Breakout above 135Entry – CMP ie 135 (Breakout was 134.9) Stop loss – 129 or 114 (Deep Stop) (135. 05 if Price Runs up above 152.5) Target 1 - 177 Target 2 – 194.2 Target 3 – 220.25 Duration - 3 - 5 years Co has well established network of Engine Oil and Good Brand Value Products in this segment. Fundamentals are decent with dividend yield of 2.2%. Co has been Debt Free for years. Top line and bottom line is showing consistent growth. Technically Stock is showing Breakout from its Accumulation Zone. Rectangular Breakout on its Weekly Chart hence higher levels can be seen. Trend line breakout seen on Monthly Chart. Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position. Please like Share and Comment if you like our work.
NSE:CASTROLINDLong
by SagirKazi
CASTROL: Advance pattern (W+Flag) + Advance MA (MA 200+EMA 200)Levels are mentioned on chart for Swing trading. Please check the description section for early entry level in given stock to get better Risk to Reward ratio. Kindly like & share this pattern. Comment with what do you think. Follow me @ tradingview for more updates!!! Entry: 124.5 SL: 121 Target: 133 RR: 2.5 Thank you. Happy Trading!!! Best Regards, Dr. Shamraja Nadar, PhD in Technology. Disclaimer -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------
NSE:CASTROLINDLong
by Profitable_Traders
2
CASTROLIND : Trade SetupNSE:CASTROLIND ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us encouragement to keep sharing our ideas here on this platform. ###Learn To Earn### * This analysis is educational/learning purpose only. Invest/Trade at your own risk. Trade well, **********************************************************************************************************************************
NSE:CASTROLIND
by vimal.kr.pathak
8