1. Buy above BO 140 2. TARGET 170/210 3. SL 120 Analysis: 1. Breakout happened on descending channel 2. Now It is in accumulation phase. 3. 2 times rejected at 140 level. 4. We may see the uptrend if it breaks the accumulation zone. Disclaimer: This is educational purpose only. Please share your thoughts in the comments section below.
Entry – CMP ie 135 (Breakout was 134.9) Stop loss – 129 or 114 (Deep Stop) (135. 05 if Price Runs up above 152.5) Target 1 - 177 Target 2 – 194.2 Target 3 – 220.25 Duration - 3 - 5 years Co has well established network of Engine Oil and Good Brand Value Products in this segment. Fundamentals are decent with dividend yield of 2.2%. Co has been Debt Free for...
Consolidating near resistance can be a good long candidate
CASTROL SELL BELOW @ 134 KEEP SL 135.60 TARGET - 132 , 130
two channel pattern with same momentum. can expect target of 175 (25% from CMP) #the_pravin #simplepriceaction #chartreading
A company that has strong fundamentals. After a long consolidation, the support is broken. first target is 150. CHART STUDY, not a call
CASTROL INDIA EQUITY levels ...24/05/2021 (W candle)
Castrol india go long bullish wolf wave pattern formed in weekly CHART. T1- 136 T2 -167 T3 173 All view are educational purpose...
Very old trend-line and can see good up move if it breaks this.
Price rejecting from the trend line from the top and it is finally getting ready to break.
Near Multi-year breakout...... Buy @ Tradeline breakout
In respect with the current economic scenario, I have just put up with my idea.
HEY CASTROLIND 1) down trend 2) sell 117 target 30-40 point