Using Monthly chart to show bigger picture. Daily Chart: Good consolidation in a range of 248 - 260. Broken above 260 with good volumes Bullish Sign: (Day High 270, Close 267.30) RSI > 70 (On all time frames) Fundamentals: PE below Industry Level ROCE/ROE above Industry Level June Qtr : FII increased Stake Sequential Target : 300 / 330 / 355 / 380 /...
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 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,...
#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
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 has given huge BO on daily chart with strong volume, follow chart for proper entry and exit levels.
Seems its following the down trend channel for a long period of time and looks to breakout in short time with the TGT 1 of 120-130. Hold tight !!
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...
Give good breakout just keep eye if give close abv breakout level then can see big up move here on chart mention level only for education purpose
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.
As we have seen that the auto sector is bullish, with that company like Castrol will also see the benefit. Entry: CMP t1: 133 t2: 141 t3: 149 SL: 125
Long downtrend + consolidation at bottom seems the it going get a trend reversal + its debt free company(fundamental)
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
Long Buy. Please comment your view on my analysis.