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Time To Invest In Castrol India Ltd @ 100 Weeks Support 182**Castrol India Ltd.** is a leading manufacturer and supplier of automotive and industrial lubricants, known for its high-quality products that cater to a wide range of sectors including automotive, manufacturing, and heavy industries. The company is a subsidiary of **Castrol Limited**, which is part of the global **BP (British Petroleum)** group, one of the world's largest oil and gas companies. Castrol India Ltd. plays a vital role in the lubricants industry in India, providing a comprehensive range of products designed to enhance engine performance, longevity, and efficiency. ### **Company Overview** - **Name**: Castrol India Ltd. - **Industry**: Automotive, Industrial Lubricants, Chemicals - **Headquarters**: Mumbai, Maharashtra, India - **Parent Company**: BP (British Petroleum) Group - **Stock Listing**: Castrol India is listed on the **Bombay Stock Exchange (BSE)** and the **National Stock Exchange (NSE)**. - **Founded**: Castrol India was incorporated in 1979, although Castrol has been a prominent global brand for much longer. ### **Key Products and Services** Castrol India Ltd. manufactures and markets a variety of lubricants, including oils, fluids, and greases. These products serve multiple segments, including automotive, industrial, marine, and other specialized areas. Below are the major product categories offered by the company: #### **Automotive Lubricants** 1. **Engine Oils**: Castrol is known for its premium quality engine oils for cars, motorcycles, and commercial vehicles. These oils are formulated to provide superior protection, performance, and fuel efficiency. Key products in this category include: - Castrol **EDGE**: Premium synthetic oil designed for high-performance engines. - Castrol **MAGNATEC**: Known for its magnetic molecules that cling to engine parts for added protection. - Castrol **CRB****: Designed for commercial vehicles, offering protection under extreme conditions. 2. **Transmission Fluids**: Castrol offers fluids for manual and automatic transmissions, ensuring smooth shifting and performance in vehicles. 3. **Motorcycle Oils**: Castrol provides lubricants specifically formulated for two-wheelers, catering to various engine types, from scooters to high-performance motorcycles. 4. **Car Care Products**: Castrol also offers a range of products for vehicle maintenance, such as engine flushes, brake fluids, and coolants. #### **Industrial Lubricants** 1. **Industrial Oils and Greases**: Castrol produces lubricants for industrial applications including manufacturing, metalworking, and machinery maintenance. These lubricants help reduce friction, wear, and corrosion in machinery. 2. **Greases**: Castrol provides a wide range of greases for industries such as construction, agriculture, and manufacturing. Their products are designed for high-pressure, high-temperature applications. 3. **Hydraulic Fluids**: Castrol’s hydraulic oils are used in various industries, ensuring smooth operation of hydraulic systems and machinery. 4. **Compressor Oils**: These oils are used in both industrial and automotive compressors, improving efficiency and extending the lifespan of the machinery. #### **Marine and Specialty Lubricants** - **Marine Oils**: Castrol produces marine lubricants that help ensure the proper functioning and protection of engines in harsh maritime environments. - **Specialty Lubricants**: The company also offers specialty lubricants for specific needs, including heat transfer fluids, refrigeration oils, and turbine oils. ### **Key Market Segments** 1. **Automotive Sector**: Castrol’s primary market is the automotive industry, including passenger vehicles, commercial vehicles, and motorcycles. Their products are designed to ensure optimum engine performance, reduce fuel consumption, and extend engine life. 2. **Industrial Sector**: Castrol caters to the needs of various industrial sectors such as manufacturing, mining, construction, and agriculture by providing lubricants that enhance the efficiency and longevity of heavy machinery, engines, and equipment. 3. **OEM (Original Equipment Manufacturers)**: Castrol collaborates with many OEMs to supply specialized lubricants for newly manufactured vehicles and machines, ensuring high performance right from the point of sale. 4. **Retail Market**: Castrol has a strong presence in the retail market, where its lubricants are available through authorized service centers, workshops, and dealerships across India. ### **Sustainability and Innovation** Castrol India Ltd. is committed to environmental sustainability and innovation. The company focuses on developing products that help reduce emissions and enhance fuel economy. Castrol’s advanced lubricant technology plays a crucial role in reducing the carbon footprint of vehicles and industrial operations. Some initiatives in this regard include: - **Energy-Efficient Products**: Castrol’s products are designed to improve energy efficiency, which helps reduce fuel consumption in vehicles and energy use in industrial machines. - **Recycling and Waste Reduction**: Castrol focuses on responsible disposal and recycling of used lubricants through various collection programs and has set up centers for waste oil disposal. ### **Research and Development (R&D)** Castrol India places a strong emphasis on innovation and has an extensive R&D infrastructure. The company works on continuous product development, testing, and improvement to meet the evolving needs of customers and industries. Castrol collaborates with BP’s global R&D division and other research institutions to develop cutting-edge lubricant technologies. Key areas of focus include: - **Synthetic Oils**: Developing advanced synthetic oils for high-performance engines and equipment. - **Eco-Friendly Products**: Researching biodegradable and environmentally friendly lubricants. - **Engine Protection**: Continuously enhancing product formulations for improved engine protection and performance under extreme driving conditions. ### **Distribution and Availability** Castrol India has an extensive distribution network across India, with its products available in retail outlets, service stations, and through authorized dealers. The company has established partnerships with a variety of automotive workshops, dealerships, and service centers to ensure widespread availability of its products. It also provides training and technical support to ensure optimal use of its lubricants and services. ### **Corporate Social Responsibility (CSR)** Castrol India Ltd. engages in several corporate social responsibility (CSR) initiatives focusing on: - **Education and Skill Development**: Castrol supports educational programs and skill development initiatives to empower communities and young people. - **Environment Conservation**: The company is involved in initiatives aimed at reducing the environmental impact of its operations, including energy efficiency and waste management programs. ### **Conclusion** **Castrol India Ltd.** is a market leader in the lubricants industry, offering an extensive portfolio of products across various sectors. Backed by the global expertise and resources of its parent company, BP, Castrol India continues to innovate and deliver high-quality, performance-enhancing products. Through its commitment to sustainability, research, and customer satisfaction, the company has solidified its position as a trusted brand for lubricants in India.
NSE:CASTROLINDLong
by TheGoldenFarmsofEquity
Simple Price Action Analysis in CREDITACCStock was falling since in a typical downfall manner - LL &LH Suddenly there are volume Spikes since last few trading session and first time the lower high broken with recent low is made higher than previous one Now if it breaks recent High (Daily close>1030) then there may be confirmed trend reversal. The high volume bars gave some aid to Analysis. Few more confirmations - Price closed today crossing daily EMA50 - Rsi trending up almost reaching 60 - Highest delivery today after 8th January - closed above Supertrend. Earliest Target can be Latest Daily EMA 200 : 1150-1160 Long term Targets are 1200,1300,1400+ SL can be 880 Keep watch and do your analysis and give suggestions in comments.
NSE:CREDITACCLong
by TradeKings5586
2
FAZE3Q LONGThe Elliott Wave analysis shows that the stock has completed waves (i), (ii), (iii), (iv), and (v), as represented by blue numbers on the daily chart. Stock is in correction now. Wave correction will go in waves (a), (b), and (c) in blue color on the chart. Wave (a) is completed, and wave (b) is in progress. Wave (b) will go in three sub-waves (a, b, and c in red color). Wave a and b is completed and wave c is in progress.  wave c will unfold in five sub-waves (black circle) shown in the chart above. Wave 1, 2, 3, and 4 in a black circle is finished, and wave 5 will start. Wave levels are shown on the chart. Level of Invalidation Wave (a) has been identified as the invalidation level, which is 366.05. Because According to the wave rules, Wave (b) cannot cross the pricing territory of Wave (a). If the price falls below this level, it may signal that the projected Elliott Wave pattern is not what it appears. I am not a registered Sebi analyst. My research is strictly for scholarly interests. Before you trade or invest, please consult with your financial advisor. I am not responsible for your earnings or losses. Regards,  Dr Vineet
NSE:FAZE3QLong
by drvineet
BTC#4: Things to watch out for when BITCOIN breaks the top💎 💎 💎 Plan BTC3# helps you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎 1️⃣ **Fundamental analysis:** 📊 Trump plans to make cryptocurrency a "policy priority" and consider suspending related lawsuits and establishing a national reserve fund. 🚀 The Fed's dovish stance combined with Trump's pro-crypto stance creates the foundation for the market to grow. 📌 Liquidation of positions has exceeded $90 million, most of which are sell orders. This also contributes to pushing BTC prices higher. 2️⃣ **Technical analysis:** 🔹 **D frame**: As you can see, after scanning the 89xxx~90xxx area and closing with a pinbar, the price line has been increasing continuously until now. 🔹 **H4 frame**: The resistance zone of 102xxx has been broken and acted as support to push the price above the old peak. The price structure has been confirmed in the H4 frame that the old peak has been broken by a candle closing through the 106k~108k area 🔹 **H1 frame**: You can see the price line testing the trend line and increasing according to the textbook theory. You can see that I drew the support zone in #3 just now. Currently, the price has broken through the old trendline, but the price is still reacting at the old peak area. 3️⃣ **Trading plan:** ⛔ As I have provided you, the number of liquidated sell orders is very large. So we should not go against the trend to catch falling knives at this time. ✅ Currently, in my personal opinion. Market information is very excited with TRUMP's moves in the past time. This will attract many new investors and push BTC prices to continue to increase in the near future. However, today I will not give a trading plan because we do not know how high BTC prices can increase. Establishing a position at resistance brings high risks because R:R is no longer reasonable. 🚀 Give yourself a period of time to observe the price line and listen to information to make long-term decisions. 💪 **Wish you successful trading!**
by TonyL0ng
MCX Gold: Elliott Wave Insights on Ascending ChannelTimeframe: Daily MCX Gold has been trading within an ascending parallel channel for over 65 weeks . The value area highlights zones of supply and demand, with the control line exerting a gravitational pull on the current price. Within this structure, there are four zones of no trading activity and two neutral zones. A triangle pattern is forming around the control price, indicating a potential price movement. If the price closes above the control line, it could potentially reach the following targets: 77660 – 78560 – 79600+ . On the other hand, if the price breaks and closes below the strong support level, we may witness a short decline, possibly reaching the lower band of the parallel channel. We will update further information soon.
MCX:GOLD1!
by forextidings
1
Cipla correction will be over by 31st of JanCipla is in last leg of correction of expanding triangle, where it will complete wave e and so thus the Wave C of the Zig-zag at 1372-1371 Possibilities: 1) Cipla's correction will be over by 31st Jan if it completes leg e (1372-1371) 2) Chances are there might be wave e truncation and we will start seeing the trend change, which will be uptrend 3)wave e might slightly overthrow beyond the lower support of the triangle. (around 1365-1368 max to max) All in all its a wait and watch situation for few more days how the wave e unfolds. Disclaimer. I am not the SEBI registered member. This idea is only for educational purposes, if you want to take a trade do your own analysis and decide.
NSE:CIPLA
by swapsachin
#Nifty directions and levels for January 20th, Tuesday:Good Morning, friends! 🌞 Here are the market directions and levels for January 20th, Tuesday: Market Overview: The global market is showing moderately bullish sentiment (based on the Dow Jones), while our local market reflects a bearish sentiment. Today, the market is likely to open with a neutral to slightly gap-up start, as the Gift Nifty indicates a +50-point positive opening. In the previous session, our markets closed negatively, while the US market performed very well. Everyone is closely watching Donald Trump’s inauguration. Some expect the market to maintain its bearish sentiment for another one or two days. However, if there is any positive trigger, a bounce-back can be anticipated. Otherwise, the correction is likely to continue. Structurally, my expectation is that if the market takes a pullback, we can expect a range-bound market with a bullish bias. If the pullback sustains, the market could break out and move higher. On the other hand, if the gap-up doesn’t sustain, we can expect the correction to continue. This forms the basic structure for today. Both Nifty and Bank Nifty exhibit similar structural sentiments. Nifty Current View: The current view suggests we are in a range market. If the pullback sustains, we can expect a minimum target of 23330 to 23360. After that, if it breaks with some consolidation, it could continue to reach 23387 to 23431. However, after this rally, the market may experience some rejection around that range; this is the basic structure. In this scenario, if the rally sustains without any rejection, it may form a long bullish candle at the market’s opening. Alternate View: The alternate view suggests that if the gap-up doesn’t sustain, we can initially expect a minor correction that could reach 23121 to 23087. This is also a range market target. After that, if it finds support there, the range market may continue. On the other hand, if it breaks below, the correction will likely continue. Note: A notable point is that we are in a range-bound market, so approach the charts with this context in mind.
NSE:NIFTY
by Manickamtraders
#Banknifty directions and levels for January 20th, Tuesday:Bank Nifty Current View: The structure seems similar to Nifty. If the market sustains the gap-up, we can expect a minimum pullback of 50% to 61% initially. After that, if it consolidates, the rally will likely continue. Structurally, we can expect the continuation of the rally; however, we should approach this properly, as we can expect the rally only if it breaks the 61% mark. Alternate View: The alternate view suggests that if the gap-up doesn’t sustain, we can expect a correction of 78% to the minor pullback zone. This is a major support level, so if it finds support there, we can expect a minimum pullback of 23% to 38% in the minor swing. On the other hand, if it breaks the minor pullback zone, we can expect the continuation of the correction, targeting a minimum of 47873 to 47708.
NSE:BANKNIFTY
by Manickamtraders
**XAU#4: Gold begins to correct. Summary of possible scenarios!!💎 💎 💎 Plan ahead to help you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎 🔥In the previous analysis, we planned for a downward correction. Currently, OANDA:XAUUSD the price is at the 269x support area. I will continue to plan the transaction for you:🔥 1️⃣ **Fundamental analysis:** 📊 Donald Trump was sworn in as President of the United States today. Financial markets face risks from trade policy and geopolitics: Although tariffs have not been imposed immediately, analysts warn that the risk of trade wars and increased geopolitical tensions under Trump will be a major disadvantage for the market. 🔴 Everyone is cautiously waiting for specific executive orders from Trump to assess the impact on the global economy and financial markets. 📌 Gold SPDR ETF is still buying. 2️⃣ **Technical analysis:** 🔹 **Frame D:** The uptrend has not been broken. The price reacted to the resistance area, but you can see that the selling force this time is completely different from the previous 2 times. 🔹 **Frame H4:** The bullish price structure remains intact. What needs to be noted here is that KEYLEVER has not been broken. 🔹 **Frame H1:** The correction confirmation has been clearly indicated in the knowledge article. That is the reward for those who are willing to improve their trading knowledge. Currently, the price has found the support area and reacted. We will look for opportunities together. However, please note that the price structure is still increasing. 3️⃣ **Trading plan:** Surely everyone's common question is whether to buy or sell. My point of view is to trade in line with the main trend, so I will give you a perspective for your reference ⛔ If you do not have a good position. We should not SELL in this area. The main trend and price structure are still supporting BUY. If you have made a profit in the recent correction, you should not be greedy when taking risks in this area. The main trend can return at any time ✅🚀 Waiting for an uptrend structure to find a position in line with the main trend is a wise choice at this time. I have marked the plan in the H1 frame so that you can better understand the idea. 💪 **Wish you successful trading!** 📌 For any questions, please contact directly. I am ready to answer you for free
OANDA:XAUUSD
by TonyL0ng
KOTAKBANK for 1500 and below? Accumulation or Distribution?They say results are super Duper, but what does the chart say? Chart with Monthly and weekly counts: To me, looks like the price is headed lower in WXY wave. W and X being done with, Y will take it below 1500 is my primary view. Rest is up to the market makers.. I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:KOTAKBANKShort
by Murthy_Santhosh
HINDCOPPER - Observation & Hypothesis Sellers vs BuyersEverything is explained within the chart.. Self explanatory.. This is just an hypothesis, maybe a crazy idea/view from someone with long bias on this script.. Nevertheless, In my humble opinion, it is definitely not a place to short at this juncture. On the wave counts, price is at 50% retracement level, ideal for the 4th wave termination.. as long as 196 is protected, we are in for a ATH to complete the 5th Wave counts of different timeframes can be located here I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
NSE:HINDCOPPER
by Murthy_Santhosh
NIFTY PRIMARY UP-TREND LOOKS INTACTNIFTY 50: corrected about 12% from Sep 2024 high. The primary uptrend still looks intact. Pl. check the chart – weekly-scale. A few points on the trend: - 100-week MA has not been breached since July, 2020 when price rallied above it after Covid Low. - The uptrend-line, from 2020 low looks to hold the support still. - RSI has not breached the bull support zone (green line in bottom window), after 2020 low. After the uptrend started, momentum (RSI) took support on the green line 3 times (the pink arrows). RSI is coming closer to the support line again. - The current price-volume structure looks like a zig-zag correction that can potentially reach around 21,800 level. - Also, the uptrend line and the 100-week MA are near that level, indicating a confluence support zone, about 22600 to 21,800; that’s about 6% down from current level. - Total 18% correction from Sep, 2024 high also coincides with the prior correction between Oct, 2021 and June, 2022, when it corrected 18%. Personally, till 21,800 level is concretely breached, I am inclined on the bullish side. DISCLAIMER: This publication is purely a personal analysis and is meant to be for educational purposes. It is not intended to be any advice, suggestion, or inducement to buy, sell, or hold any stock, or any other financial instrument. Please conduct your own research and consult your financial advisor for any decision to buy, sell, hold, or otherwise deal with financial instruments, as they are prone to substantial financial risks.
NSE:NIFTY
by RajuDatla
Nifty current view before christmas?Why am i doing this? because everyone in the market know that selling is happening Nifty recorded worst week. selling here there blah blah blah..... fed surprise, federal funding fears... all drama over. now its Christmas time....joy every where around. can our market give similar joy to us ? hmmm lets see. crazy last 3 months ( Oct - Dec) , looks like some people are mad and intentionally making Nifty 50 movements similar to bank nifty movements. mostly after weekly expiry is removed. As a long time nifty trader i am actually happy that i' m able to capture more points then previously, 3-4 years back nifty used trade in 100 - 150 points range and 200- 250 if some rally day and some outliers here and there. but now a days , ayoooo , some moves are crazy , similar to dow jones candle movements, ( speed and body length).... anyway... too much out of topic. simple view.... market is doing 5-3-5 correction. now we are at the end of 3rd leg of last 5 wave correction. see chart. simply putting some up move as Christmas rally ( leg 4) and one last wave (leg 5) of down correction is possible to end the month and also year..... finally....hahaha that felt happy to write because i learnt a lot this year...aaa again out of topic. I generally don't care much about exact end of leg 4 or leg 5 levels, i will go with flow once new weekly and daily pivots are formed that will keep my sanity in check. anyway this is the view i currently have. Happy Trading!!! Happy Christmas!!!! and Happy Newyear!!!! aaa disclaimer.... you know , if you feel it take it or else chuck it.
NSE:NIFTYLong
by dasgaaravishnu
Nifty view before a correction?Monthly CPR is higher high. market scaling heights . next level of possible resistance is monthly R1. yesterday we saw range break out with initiative buyers entering the market. we also saw double distribution trend day forming and ending at psychological levels of 24800 and ~200 points in reach of monthly R1. My view is the trend will continue as initiative buyers are in the market. ABC wave also have fib extension of 100% ar monthly R1 Fibonnaci time based extenstion also showing by July 24th the C wave will be over. lets see if it forms
NSE:NIFTYLong
by dasgaaravishnu
4
Nifty next levels. Weekly Time frame.Actuals 1)On 26th July ( Monthly Expiry for Nifty). Strong short covering rally was witnessed. 2) Market made new high but did not close there yet. 3) Market recently corrected due to Budget related issues but we witnessed bullishness still exists. Analysis 1) Market witnessed rally from ~7k to ~18k (~10500 - ~11000 points) followed by a complex WXYXZ "triple three" correction before resuming the next rally starting from ~15k to ? Confluence #1 1) Pitchfork was taken from 2008 low ( A) to 2020 Jan high (B) to 2020 Mar low. 2) Market extended this pitchfork, hence we duplicated same geometrical structure upside to find the end point for market to cool down. 3) Pitchfork market geometry shows the higher end resistance area in 26000 - 26300 range. Confluence #2 It looks like an ABC wave that should end around ~ 26K ( ~10500 - ~11000 points) rally similar to wave A starting from ~7k to ~18k. Wave A (rally) ~7k to ~18k , Wave B (correction ) ~18k to ~15k , Wave C ( rally) ~15k to ~26K. Time Used Fib time based extension . The rally started from Jan 23rd 2024 and showing a .382% extension to end on Aug 26th 2024 . Exactly 1 month from now and a definite profit booking area before resuming trend upside.
NSE:NIFTYLong
by dasgaaravishnu
5