Castrol Bullish - Trendline Breakout, Double Bottom, Bullish DivBuy Immediately with Stop Loss of 141, Trend-line Breakout along with double bottom formation, also Bullish Divergence
CASTROLIND trade ideas
CastrolInd - Trendline breakout with VolumeThe stock has given a volume breakout today (19th Nov) and broken trendline. The next target is 170 if it crosses 156.3.
castrol short setupit is showing bearish divergence with stochastic upper trendline is stop loss if lower trendline is broken in 15 minute candle on closing basis targets are given with 2 horizontal lines
note:for education only
CASTROL INDIA LONGIT WAS MOVING IN A CHANNEL LINE BUT NOW IT HAS BROKEN UPPER CHANNEL LINE WITH HUGE VOLUME PLUS BULLISH DIVERGENCE SEEN IN STOCHASTIC RSI FIRST TARGET IS 162 2ND TARGET IS 170 STOP LOSS IS 146
NOTE: please do your own analysis i am not advising anyone to take position in stock
CASTROLIND-BUYCASTROLIND-BUY
Current Market Price: Rs.132.00
Stop Loss: Rs.128.80
Target: Rs.144.40.
Risk Reward: 1:3.875
On daily chart there is strong support and pullbacks are weak.
CASTROLIND Short Setup [Intraday]NSE:CASTROLIND Short at 131.05 with SL 131.55 and TP 130.05
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
CASTROLIND : UPDATE : 2% move in IntradayHad told to go long @ 117.80 on 16th Aug 2019 (Friday) ... It made a high of 120.25 in Intraday Trading. We r talking abt a 2% move guys ... Hope u all minted.
CASTROLIND (16th Aug 2019) - AnalysisLook out for a break out/down in the coming days ... For Intraday Trading on 16th Aug 2019, BUY above 117.80 and SELL below 115.15
Last Correction before the Turn-around This one i am looking as last correction before it makes its Major Turn-around
One can look for entering long on drop & Reversal based on weekly and sit with investment which will give Good returns
Good Luck
