CASTROLIND trade ideas
"🚀 Castrol Stock Analysis: Bullish Signals & Targets📈 NSE:CASTROLIND Technical Analysis (Week Ending 16th Feb 2024)
Closing Price: 💵 207.70
Parabolic SAR: ✅ Buy Signal @ 186.55
EMA & MA Crossover: 🔄 Pending (Bullish Trend Support Expected Soon)
MACD:
MACDR: 📊 6.95 (Crossing Signal)
Histogram: ➕ Positive @ 0.05
Stochastics RSI: 🔄 K51.90 ➡️ D35.58 (Oversold Zone Exit)
%R (Williams Percent Range): 📈 Upward Trend @ 21.52
Fisher Transform: 🐟 0.58 (Bullish Crossover Mid-Range)
🎯 Targets:
First Target: 🎯 213.55 (Recent High)
Second Target: 🎯 220.40 (Fibonacci 1.618 Level)
🛑 Stop Loss: ⚠️ 199.50 (Fibonacci 0.618 Level)
⚠️ Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Market conditions are dynamic; trade responsibly based on your own due diligence.
#Castrol #TechnicalAnalysis #StockMarket #NSE #TradingView #Investing #Finance #Stocks #BullishTrends #TradingSignals #MarketAnalysis #FibonacciLevels #StochasticsRSI #MACD #ParabolicSAR
CASTROLIND, Technical OutlookCMP - 186.65
Today the price has managed to close above an important level of 185.20.
The price could test the resistance level of 200.65 and if broken then we would see the level of 215.70
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Castrol India Looking good above 202Castrol India Looking good above 202. Can be a good pick for short term swing trading as well as positional trading✅✅
Emtry: Above 202✅✅
Sl: 184❌❌
TGT 1: 228📈📈
TGT 2: 252🔥🔥
Long term holders can wait till 272 and 303📈📈
CASTROL, Technical OutlookTrend Negative
Strength Strong
CMP - 189.70
Resistance - 198
Support - 185.20
The probability of a next red candle is more than 70%
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
CASTROL INDIA getting ready for Long Castrol India - Cmp 183.
Accumulation level upto 154.
Looks good for long term with Parabolic Uptrend .
Targets expected
Tgt 1 : 213±
Tgt 2 : 272±
Tgt 3 : 322+
Tgt 4 : 386±
Shared it for EDUCATIONAL / REFERENCE PURPOSE ONLY in Technical side.
IT'S NOT A BUY OR SELL RECOMMENDATION.
Do your analysis from your side both in FUNDAMENTALS & TECHNICALS before taking the entry.
Castrol india analyasis on 8 May 24Castrol india analyasis on 8 May 24
Good stock to buy now
Stock PE 21.95 less than industry PE 35.85
Good FII Holding 9.51% and promoter 51%
keep stoplos 170
target 220 - 250 - 270 - 290
(all target are fibbonacci level)
Buy CastrolConsolidate since last 4 months.
Bounce from Uptrend channel support
Weak bull is leave and strong bull is enter now
Short term buy for 240 sl 183
Long term buy for 290-360-440 sl 165
CastrolIndia looking attractive at this priceCastrol India can see a 20 percent upside in upcoming days and if it breakout from its resistance a trader can expect 30 percent rally more to 300
Castrol India - Cup & handle breakout!!Castrol India has given breakout of cup and handle pattern on weekly time frame. We need one more confirmation (pls refer my other charts to refer when we can state a confirmed confirmation). We can expect the price to move to 215+. Other factors:
1. Volume candle: pls see last weekly candle, big buy has happened
2. RSI on weekly basis is above 60; bullishness
3. MACD is also positive.
"Clean Charts, Easy Charts"
Learning and Earning!!
Cheers!!!
CUP breakout in Castrol India above 275.CUP breakout in Castrol India above 275.
10 Year cup.
Trending stock.
CASTROL INDIAThe market leader in the segment available at a very decent price. While looking it on a larger TF, this script come out of a triangle and gave a nice BO. Closing above 160-164 will give a very good return in coming months. Closing below 100-95 is not good for this stock. If the bull run supports the volume, this may get back to its actual valuation.
Kindly note that I am not a SEBI registered analyst. Perform your own analysis before taking any trade.
CASTROL INDIA - Swing Trade Analysis - 10th April, 2024CASTROL 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
castrolindstock : castrolind
trade : long (cash segment)
buy @ 226 above
sl @ 212
target 1 @ 245
target 2 @ 270
note :
this information is for education only
Box pattern breakoutGood volume buildup in daily and weekly timeframe.
Box pattern breakout and price trading in between raising wedge pattern.
NOTE: I do my analysis, do yours before trade.
Castrol Rising Wedge Breakdown!! It appears a clear case of rising wedge. Indicators are shown in the chart. Market is unstable. Be wise.
CASTROLINDCASTROLIND:- Breakout of falling wedge has been found and if it sustains above 147.30 level then downside movement can be seen.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Castrol is ready to flyCASTROLIND has given a beautiful trendline breakout plus the sector being in a strong uptrend, this trade should not be missed. Risk reward is huge as the SL here is miniscule. SL should be below 197. Hold for couple of weeks for good targets
Castrol Ind : Falling channel breakoutCastrol Ind :
Falling Channel breakout done
Looks good above 214.5, immediate support at 210
CastrolBuy now 154.
Accumulate till 130.
Target 172, 210.
SL 117.
7 years Downtrend reversed now, chances to make new life time high.
Good for investment.
CASTROL INDIATechnical Study
Time Frame taken for study - Monthly
Study -
1. Downtrend Line broken with continuous increasing volume
2. Resistance near 162
3. After a fall, consolidation seen with some volume spikes
Resistance or Targets -
1. 182
2. 216
3. 272
Supports or Stop Loss
1. 120 (dip till)
2. 100
Fundamental Study
Market Cap - ₹ 13,704 Cr.
Stock P/E - 17.0
Book Value - ₹ 20.0
Dividend Yield -4.69 %
ROCE -60.8 %
ROE - 45.9 %
Face Value -₹ 5.00
Good Dividend Yield, ROE and ROCE. Overvalued Compared to Book Value of Rs. 20
This chart is only for educational purpose do your own study before taking any trades.
Castrol Long Term OpportunityCastrol is breaking out of consolidation and presents a good long term buy opportunity
