CastrolInd bounce back???Head and shoulder pattern is formed. Generally, head and shoulder pattern formed is formed in uptrend as a reversal pattern and inverted H&S pattern in downtrend. But, here h&s is formed in downtrend, still I am considering as a reversal pattern and other details are mentioned on the chart. Happy trading :)
CASTROLIND
Short term Swing trading-CASTROLIND-ShortCASTROLIND looks bearish for short term.
Sell Below: 165 for targets -
T1: 157
T2: 153
T3: 150
SL: 173.3
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(13-Jun-18)-CASTROLIND-LongBased on my "xRAM-Creator" predictive trading methodologies, its going to be a GREEN candle on 13-Jun-2018 for CASTROLIND
Buy Above: 171.2 for targets -
T1: 172.5
T2: 173.3
T3: 174.1
SL: 169.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
CastrolInd Buy Setup!!CastrolInd is giving a Buy Setup on 60mins timeframe. It correction can break on the upside soon.. One can Buy the stock at the breakout with stoploss just below the low with targets of around 465.
Happy Trading!!
Siraj Hudda, CFTe
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