CASTROLIND trade ideas
Stocks to buy: Castrol IndiaBuy at CMP
STOP below 120 closing'
Targets 150+
AScending triangle pattern following, consolidation near resistence
CASTROL INDIA Short oppurtunityTrading possibilities for Coming week.
This stock has shown weakness and has closed low. It still has bearish Momentum left and can go further down. You can trade this for intraday and also for few days in the coming week.
Look for selling at the levels marked in red and / or whenever you see a Bearish candle pattern forming. The targets and stop loss are subsequent levels down and up.
Other important levels are as marked in the setup.
You can download this Indicator from trading view to get the accurate levels in the premarket itself and see how the stock trades respecting those levels.
Happy and safe Trading
Can go long on CASTROLIND Gave breakout with decent Volume
Can buy now on CMP 135 or on Dips till 120
for the target of 175++
Castrol india defying resistance NSE:CASTROLIND has successfully crossed its resistance after testing it twice and looks to go up. Target 170. SL 128
Castrol india trade Stock price testing the resistence region. Łooking a breakout
Strong on MACD and Above 200 MA
target: 150-170
Stop: below 120 on a closing basis
CASTROLINDCASTROLIND: Looking Good
Triangle Breakout
Buy Above 135 Add Until 125 Stop-Loss 120
Target 145-155-165-175-185-200+++
Positional Call
Castrol is live, Accumulate here.its time to buy it, buy for long term.
accumulation | Consolidation | Support Buildup.
CASTROL Rising with CrudeChart Only for Educational Purpose
Rounding Bottom Pattern getting formed with neckline at 135-137 range.
A breakout with weekly closing above the neckline of 135 gives
Next targets at 157
SL : 120
Other Positives
Higher than Average Volume + Positive RSI Divergence
CMP > 50 SMA
Castrol India PullbackCastrol India
38% fib rejection
50 sma rejection
daily tf
volumes validating
Taken normal RSI channel support
CASTROLIND - Monday Trade - 25012021Stock is at TL resistance which is also 0.5 Fibonacci level- If stock respects TL on Monday, target levels of 125 - 124.5
CASTROL GOOD BUY SIGNALCASTROL CMP 128.2
Looking good if sustains above 129.
TGT 136.3/142/147.45
positional SL 122 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
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Castrol India Long BullishReady to fly for Bull run now.at least 30% up move expected First Target 160-170.
Castrol India -- will soon show its move??Moving in a downward channel since October 2016.
Recent moves show that there is sharp turn in the 200 MA, which is positive indication.
Will it break the channel this time and start its northward move??
Fundamentals look very good.
Waiting to break above 132 level for better chances of channel break.
This is just my observation.
I am keeping this stock in watch-list for next 2 months.
