investment ke liye right time h kuch month baad bohat acha return dega. 2018 ke baad isme momentum aaya hai. ek bar iski monthly candle 50ema ke uppr closing de degi uske baad phela target 150-155 ka rahega
MULTIYEAR BREAKOUT
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
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...
Stock Name - Castrol India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 132
#This is not Buy and Sell recommendation to any one. This is for education...
After 4 bullish candles, there is a bearish candle. But today's green candle formation creates a nice Bullish Tweezer Patten with considerable volume.
It is also broken a resistance level of 124.
Buy above 125.50 with a SL of 123 for a target of 130.
Forming a bearish flag pattern on day chart, but available at an attractive price. One can accumulate for long term investment. Traders can short if we get a breakdown. Note : for educational purpose only.
CASTROL INDIA in Double Bottom and breakout happened with volume
Now price trading in pull back , Should hold 109.50 /109 for the short term targets of 114/117.50...........
Trade according to your own risk ....................
Hello, castrol india long-term swing trade buy: 105 target: 214 stoploss: 98.
LOGIC BEHIND TRADE: Stock is trading on monthly support on 1w chart formed bullish candle above high breakout buying strategy (target identified from harmonic half bat pattern level 0.58) stoploss is taken low of bullish candle, RR looks good in stock. NSE:CASTROLIND
castrolind : cmp 105.85
trade setup :
1. buy in range 106 to 102
2. keeping 90 as stoploss on closing basis
3. targets : 128 / 142 / 158+
technical set up :
1. buy based on bullish harmonics pattern
2. fibonacci retracements levels of .886
3.price reversal from strong multiple support zone
4. value buy in sector
5. debt free company
6. strong consistent Q...
Castrol is very close to a strong support zone on the monthly chart. Long term investors of castrol can look forward to average at this price. Note : For educational purpose only.
i m looking for short. why?
because trend is down. and
green area mentioned in chart is support level. wait for right time for entry good luck traders.
