Castrol India. Potential 13% + move.Only enter if hour candle closes above 141.5.
Good fundamentals.
Idea only for educational purpose.
CASTROLIND trade ideas
Castrol Ind - BullishResistance Turned Support
MacD Bottoming Out
Stock in Range
Bullish upto 150/165 if holds 135 levels
Castrolind near support zoneEntry Price : 140.5
Stoploss : 126.45
Target 1 : 154.55
Target 2 : 160
Castrolind broke a major resistance zone above 140 few weeks ago and again back towards those levels which would act as support for next up move.
Castrol India (1W)Another script for long term investment! long term triangle pattern can be seen on the chart with Monthly DZ as it's base, price tried to give a breakout but failed and RSI shows that clearly with a negative divergence.
Fresh longs between weekly swap zone and hold for long term.
Pivot Reversal Levels:
- Buy above 145.20
- Sell below 135
Castrol India Ltd - 03.08.2021Castrol India Ltd - 03.08.2021
The stock is trading @ 140.80
There is MACD Bullish Divergence in Daily Chart
There is Stochastic Bullish Divergence in Daily Chart
The prices are above ema in Hourly Chart.
One can initiate a buy @ current levels with support @ 138.20
strong resistance @ 146
let the prices go above 155
target: 160, 166, 175
timeframe: 6-8 months
CASTROL INDIACastrol india given a triangle breakout go long cmp 147 for 162/172 view invalid below 140
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
Check these Upcoming ideas - still active
Check these successful trades & approach on HINDZINC , ITC , ADANIPORT SPL ,AIRTEL
If you like my analysis do like & follow me as a token of appreciation. If you have any queries on any stock let me know.
Leave a comment that is helpful or encouraging. Let's master the markets together
Take trade as per the values given in Fibonacci. always trail the stop loss. Do your own analysis before taking trade
