it 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
IT 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
Castrol India Limited is an India-based company engaged in providing coke and refined petroleum products. The Company is involved in manufacturing lubricating oils. The Company operates through two segments: Automotive and Non-Automotive. The Company's brands include Castrol Activ, Castrol Power1, Castrol GTX, Castrol MAGNATEC, Castrol EDGE, Castrol CRB Turbo, Castrol VECTON and Castrol Go!. The Company's products also include Castrol CRB Multi, Castrol CRB Turbo Plus, Castrol Vecton CI4+ and Castrol Magnatec Professional OE 5W20. The Company offers Non-automotive lubricants, such as industrial lubricants, and marine and energy lubricants. The Company operates across three market sectors of the lubricants industry: Automotive, Industrial, and Marine and Energy applications. The Company offers products for cars, motorcycles, scooters and trucks, among others. The Company's holding company is Castrol Limited.
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CASTROLIND
![CASTROLIND: [Positional] Castrol Buy Trade](https://s3.tradingview.com/y/YB8kRi3Q_mid.png "[Positional] Castrol Buy Trade")
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