How to do good in the markets ? - Buy low and sell high :-D
Well, in this article, I will try to explain how can you really do well in the markets, practically. Not just an advice like - Buy low and sell high.
Here's an explanation for this analysis:
Fundamental:
1. A Market leader - Castrol is the second highest market share holder with more than 20%...
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
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...
Forming a bearish flag pattern on day chart, but available at an attractive price. One can accumulate for long term investment. Traders can short if we get a breakdown. Note : for educational purpose only.
Hello, castrol india long-term swing trade buy: 105 target: 214 stoploss: 98.
LOGIC BEHIND TRADE: Stock is trading on monthly support on 1w chart formed bullish candle above high breakout buying strategy (target identified from harmonic half bat pattern level 0.58) stoploss is taken low of bullish candle, RR looks good in stock. NSE:CASTROLIND
Castrol is very close to a strong support zone on the monthly chart. Long term investors of castrol can look forward to average at this price. Note : For educational purpose only.
NSE:CASTROLIND
Break-Out from 4 Year Downward Channel
RSI BO above 66 after 2 years
CMP : 141 is above Long term moving averages
Tgts : 153 - 181 - 202
SL : 120
R:R 1:3
Chart for educational purpose
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.
Good Morning,
Get Ready for a Roller Coaster Day.
Just like we had stated in the earlier week, we did witness that the Market has been consolidating between the levels of 17700-17900.
In addition to which, however, the index managed to give a closing of above 17700, on the last trading day. Which, altogether was a good sign for the Market and its...
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
