CASTROLIND trade ideas
Expecting Huge Breakout ✌✌✌This scrip is expected to give huge breakout as it lies near support Zone. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏
Castrol India Swing IdeaLike i have mentioned in the video , its the point of confluence for 3 different trenline resistances. It also happens to be the 0.236 Fib retracement level from the Covid lows. I am a pullback trader and i try to spot entries early. This offers a very good RR of 1:5 at the very least.
The idea is in collaboration with my friend @Sarvagyasharma .
Entry @ 145
Target @ 172
Stop @ 134
multiple resistance/rounding bottom buycastrolind : 141.60
trade set up :
1. buy above 150.50
2. keep stop loss as 128 on closing basis
3. targets 162/186/222+
buy based on technical :
1. rounding bottom
2. multiple time frame analysis
3. resistance
4. value buy
note :
breakout attempted once and retested ,
results were too good last quarter .
good long term pick .
its almost debit company at good valuation to pick
Breakout in a decade long triangle pattern in Castrol IndiaCastrol India has been respecting these trend-lines since 2007 August, when it began its journey. Now we can see a clear breakout, but it is respecting the 50 EMA and hence it might retest the breakout level. If so, enter at this pullback with minimum stop loss and ride the trend. It is in monthly timeframe. So after an initial leap, the growth might be slow. Don't expect Utopian bullishness forever.
PS: I am not a SEBI registered advisor. Enter in trades after reaching out to your advisors or at your own risk.
CASTROL INDIA ANALYSISCASTROL IND GAVE BREAKOUT OF RESISTANCE ZONE AND NOW TAKING SUPPORT AT THAT ZONE.IT ALSO GAVE TRENDLINE BREAKOUT ,BUY AT 140/145 WITH STOP LOSS 135
FOR TARGET 153/160/170
Castrol India Ltd - Triangle and Channel Breakout - LongHi Guys,
Please find the detailed analysis of my view in Castrol India Ltd
Time Frame of Chart - Daily
Current Trend: Bullish
Trend Reversal Pattern found in Candle Stick: Yes - Bearish Engulfing
Volume Support the Reversal based on Candle Stick : No
Whether EMA50 Cross EMA200? Cross
ATR Volatility? Down
Chart Pattern: Triangle and Parallel Channel
Build Up happened before /after the breakout of the Chart Pattern? Yes
Breakout Happened? Yes
Breakout Happened with god volume in Chart Pattern? Yes
Post Breakout Next Candle in-line with breakout candle? Yes
Retest Happened? Yes
CPR? - Bullish Bias
What type of CPR? Narrow
Previous Virgin CPR is there? NO
Whether Breakout happened near the CPR? Yes
Support: 143.20
Resistance: 181.75
Trading:
Buy : Above 145.75
SL - 140.50 ( Closes Above Daily in TF)
Target - 181.75
Risk: 5.25
Reward: 36
Ratio: 1:6.9
Trade is Favorable ? Yes
Regards,
Thenali Views.
Disclaimer: Kindly do your own analysis before executing the trade or contact
your financial advisor.
CASTROL 💧💧 - Quick Swing 8 % 🌱MACD crash alert
Narrow range
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Take trade as per the values given in Fibonacci. always trail the stop loss. Do your own analysis before taking trade
castrol ind finally broke big downtrendcstrol ind. was in a downtrend for a long time , now it has given a breakout and have stayed above resistance successfully , this can be a big opportunity for swing traders or investors because its the starting of the rally . my personal target is 300+ before 2021 ends.
CASTROLIND | Scalping opportunity 1-3 days holdingCASTROLIND | Scalping opportunity 1-3 days holding
CMP : 151
SL : 148
Target : 160
1:2+ risk reward setup
This is a small averaging opportunity - Our previous Weekly chart trade is completely different. Don't disturb that one.
Live Challenging Stock Market Analysis #CASTROLIND Buy @ 151.30Market Analysis
Live Challenging Stock Market Analysis #CASTROLIND Buy @ 151.30
Target @ 140.20
#sharemarket #castrilind #Nse #stockmarket
Our Unique Features:
—————————————————————
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best Wishes
Tradingwithtamil
Castrol India has broken multiyear trendline resistance!Castrol India has broken out of nearly 7 year trendline resistance
Expect good movement from here
Levels are mentioned in the chart
Stop Loss can be adjusted as per your risk appetite
If you found the idea useful, give a like and show your support. Thank you!
Please stay safe. Happy Trading!
Regards,
Segan
#CASTROLIND ... Arriving at 160 soon.. Is 210 the next station??Castrol Ind has broken multiple Weekly EMA resistances, long term trend resistance and a short term resistance with only increasing volumes...
Stock is sure to touch 160 levels which may offer resistance in short term..
All details on chart.. Keep an eye on this one.. upside is huge if traded correctly..
