Castrol - Strong resistance currentlyCastrol :
At Strong resistance zone
Closing above 195 is crucial for further strong upmove
CASTROLIND trade ideas
Good for long term and short term Target 1 232
Target 2 ATH
Great financial
Negative sentimental drag it down
Good for accumulation
Good for both short and long term.
Business model is good.
Castrol India is also ready to give short term gainCastrol is among one of the stocks which did not gave much return i am expecting this time it will give good return.
CASTROL INDIAHello & a warm welcome to this analysis
Stock appears to be consolidating near its ATH level of 197 with strong support at 175 and then 165-130.
Probable upside levels could be 245 & 345 in the medium to long term
Happy Investing
Monthly chart of Castrol India Ltd #CastrolIndia
Monthly Update:
Market Cap: ₹18,620 Cr | CMP: ₹188.25
PE Ratio: 22.85 | Dividend Yield: 3.45
52W High: ₹196.45 | 52W Low: ₹107.40
Technical Highlights:
Broke trend line and upper Bollinger Band.
Upward breakout from consolidation with strong volume.
MACD: Bullish crossover below zero line.
Retracement could be a buying opportunity.
Educational Purpose Only. Disclaimer: Stock market investments carry risks. Consult a financial advisor. Past performance doesn't guarantee future results.
#CastrolIndia #StockMarket #EducationalPurpose
Castrol India LtdCASTROLIND – Swing trade
Took support and showed good signs of uptrend
Buy above 145 | Tgt 170 and 185 | sl 130
It is my view, to trade on your own analysis
Castrol Ready to give 30% return-Volume very high
-already broke strong resistance
-strong closing
-institutions building position
Castrol has completed a 9 year Exile, time for slow upmovea 9 year falling trendline is broken in Castrol.... it will face multiple hurdles now in its upmove.
But to compensate that, remember it was an excellent dividend payer....
So you buy and hold for 3 years... if bought right now... you will enjoy 3 years of great dividend and slow upmove..
will give u peace of mind....... that's most important..
1st Target Mentioned. Will review futher.
Disclaimer : I am holding @ 122rs ..
CASTROL INDIA BUY @ 179.75 RS
TARGET @ 252.25 RS
BUYING CONFIRMATIONS: Cup with handle + monthly channel breakout
Expected returns are around 40.00 %
CASTROL INDIA BIG BREAKOUT
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, and the term "big breakout" suggests that this breakout could be of notable magnitude.
Investors analyzing this trade idea would likely be focused on technical analysis indicators, chart patterns, and historical price trends to identify the potential breakout point. Factors such as strong volume accompanying the breakout and positive momentum indicators might add conviction to the trade idea.
It's important to note that successful trading or investing based on breakout strategies requires careful consideration of risk management, as breakouts can also lead to false signals or reversals. Additionally, market conditions and external factors impacting the stock or the sector should be taken into account.
Buy CastrolThis was topped out in Dec-2014, and formed Lower high till year 2023.
after 4 month consolidation TL BO with higher volume is confirmed the BO .
Short term 200 is the resistance but after closing above that level 300+ level possible
Castrol India - Rounding Bottom and Inverted H&SCastrol India has given a strong breakout on Daily and weekly time frame.
It has 2 patterns - Rounding Bottom and Inverted Head and shoulders
Breakout is completed in INverted H&S pattern @ 160
Rounding Bottom Breakout is at 170 level.
SL and demand is at 148 levels.
Looks a strong candidate for coming year.!
Castrolind - breakout- On the way to uptrendCastrolind(M) - breakout- On the way to uptrend
Trndline breakout in monthly time frame
Volume spike on last day
CASTROLIND - Signs of Major Trend changeThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself.
When price reverses from major support (after major downtrend) and breaks above major resistance zone, it signals towards a major trend change towards upside.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
CastrolInd - WTF CASTROLIND - looks good on WTF
Good volumes
Breaking out after 2020
keep it on radar - might show good momentum
Plan your trade.
Happy Holidays !!!
Castrol Ind Big Volume Blast since last 8 yearsCastrol Ind looks very attractive..
Fundamentals : Very Strong, Consistent growth on Sales, Profits and EPS. High Reserves vs very low debt. Only slight negative point is FIIs holding decreased in recent quarter still overall parameters are healthy
Technicals : Very Bullish above 180 on weekly closing.. Harmonic pattern active + strong reversal indication with big volume spike after 7-8 years, 70 million vs Avg 13million weekly volume..
R 1: 180
R 2: 210
R 3: 240, Above that 270 + possible!
S : 130
CASTROL INDIA FOR LEARNING PURPOSE ONLY
Castrol India: Potential Catalyst for Upside in a Buoyant Auto Sector
Technical Breakout Signals Momentum : Castrol India has experienced a decisive trendline breakout on the weekly timeframe, accompanied by the highest volume spike since its IPO. This confluence of technical signals suggests strong potential for sustained upward movement in the stock.
Fundamental Tailwinds Add Fuel : The current focus on the Indian automobile sector provides a robust tailwind for Castrol India. As a leading player in the automotive lubricant market, the company stands to benefit from the expected rebound in vehicle sales.
Strong Financials Underpin Growth: Beyond technicals, Castrol India boasts solid fundamentals. The company consistently demonstrates healthy profitability, strong cash flow generation, and a robust balance sheet.
Attractive Mid-Long Term Opportunity: Given the technical catalyst, favorable sector dynamics, and solid financials, Castrol India presents a compelling mid-long term investment opportunity. Traders should keep this stock on their radar and consider entry with appropriate risk management.
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Please conduct your own due diligence before making any investment decisions.
Key Improvements:
Title: More precise and attention-grabbing, highlighting the potential upside.
Structure: Clear organization with separate sections for technical and fundamental aspects.
Language: More professional tone with specific terminology and concise phrasing.
Disclaimer: Clear disclaimer reiterates responsibility and promotes cautious investing.
CASTROLINDCastrol India broken long time pattern. Price may get time to reach Target 220. But most chances are there to reach in further days. 158 zone is Monthly support. Breakout volume is much more than expected.
Amazing breakout on Weekly / Daily Timeframe - CASTROLINDCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.
Castrol india buy 150, target 260, 400## Castrol India Latest News Updates (as of December 22, 2023):
**1. Sustainability Push:** Castrol India recently announced a partnership with Mahindra Electric Mobility Limited (MEML) to develop and supply EV-specific lubricants for Mahindra's electric vehicle range. This aligns with Castrol's global commitment to sustainability and decarbonization.
**2. Technology & Innovation:** Castrol India launched its Castrol GTX ULTRACLEAN 5W-30 API SN PLUS motor oil, formulated with synthetic technology to provide superior engine protection and cleaner performance. They also recently showcased their Castrol EDGE Intelligent Lubrication technology at the Auto Expo 2023.
**3. Market Performance:** Castrol India reported a 12% increase in net profit for the quarter ending September 30, 2023, driven by strong demand for premium lubricants and increased market share. The company also expressed optimism about the upcoming festive season and its impact on sales.
**4. Community Engagement:** Castrol India continues its CSR initiatives with the Castrol GTX "Change the Game" program, promoting sports development and education for underprivileged children. They also recently partnered with TERI (The Energy and Resources Institute) for a sustainable waste management project.
**5. Industry Trends:** The Indian lubricant market is expected to grow at a CAGR of 5.5% over the next five years, with increasing demand for synthetic and high-performance lubricants. Castrol India is well-positioned to capitalize on this growth with its strong brand portfolio and focus on innovation.
**Additionally:**
* Castrol India recently revamped its website to provide a more user-friendly experience and easier access to product information.
* The company announced plans to expand its manufacturing capacity in India to meet growing demand.
A long term view For a long-term view of Castrol India's share, consider its market position, financial health, and growth prospects. Castrol, known for its lubricants, has a strong brand presence in India. Evaluate its financial stability through revenue, profit margins, and dividend history. Also, consider industry trends, like the shift to electric vehicles, and how they may impact Castrol's business. It's essential to analyze macroeconomic factors and regulatory changes affecting the oil and lubricant sector. Always consult financial experts or conduct thorough research for detailed investment advice.
Castrol india - Book profits#Castrolindia #target #Trading
Castrol india Blasted as per our view and Booked good profits.
Let's look for the Another good trades.
CASTROLtrading over 100DMA141.81. zero debt company. the company is the market leader in the retail automotive lubricant segment.
