CASTROL INDIA NSE:​CASTROLIND

LEVELS MENTIONED IN CHART

Aggressive - Sell 160CE @0.75 Conservative - Sell 170CE @0.20

Positional hold. Sl around 147 cbsl. Don't hesitate to close before target reaches. If you want do accumulation/distribution instead of one shot buy. Hopefully, market should remain strong so that we can get most out of out position.

Castrol falling wedge. Positive divergence . Can test 161.50. SL-150.Cmp153

Formed head and shoulder pattern in dailiy charts. Below 151 downside possible targets 144/141

Head and shoulder pattern is formed. Generally, head and shoulder pattern formed is formed in uptrend as a reversal pattern and inverted H&S pattern in downtrend. But, here h&s is formed in downtrend, still I am considering as a reversal pattern and other details are mentioned on the chart. Happy trading :)

BE HUNGRY AND STAY AHEAD... EAT THE FOOD WHEN ITS IN YOUR PLATE

level on chart

Initiate a Long trade on CastrolInd, from 159.5, SL @ 157.9, Targets (1) 160.5, (2) 161.5, (3) 163.5, (4) 165.5

Continuing our old trade of Castrol Swing bet but we are facing the upper channel of the consolidation level. Long if it breaks the high of the previous day with a stop loss at the previous day's low. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of ...

POSSIBLE LONG 1) RSI DIVERGENCE 2)PRICE BREAKOUT OF TREND LINE 3)WEEKLY SUPPORT 3) PRICE MAKING HIGHER HIGH 4) EMA CROSS ABOVE

CASTROLIND

Simple Swing theory. Apply weekend strategy. Long if it breaks the high of the previous day with a stop loss at the previous day's low. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

Castrolind Bullish Divergence

CASTROLINDIA looks like a promising reversal at this moment. We Initially, predicted an up move on 13th Yet, it gap down violently below the demand zone and just recovered from the bottom without any volume Such a recovery without any volume tells us that there are no selling pressure in the market and this is just a mark down from long term buyers after ...

CASTROL CASH 30 JULY 2018 LOOKS GOOD ABOVE 176.50 SL 172 TGT 179/182 CMP 172

Price broke out of EMA 50, after giving breakout it is in pullback mode. Looks like it is taking support on EMA 50 and formed inside bar. MACD also confirms up trend as it is facing up and crossing zero line. Risk Reward ratio would 1:2.

Castrol Can be bought around 162-165 Levels. Reason: Price is trading near the lower end of the downward channel and a Strong Bullish Weekly Closing above 23.7 % Fibo Level. Stop Loss : 152 Target 1 : 190 Target 2 : 200 Very good Risk to Reward at given entries. Pull Back is Expected after last Week's Straight Run with Nifty. Patience is your Friend, ...