CASTROLIND trade ideas
castrol ind finally broke big downtrendcstrol ind. was in a downtrend for a long time , now it has given a breakout and have stayed above resistance successfully , this can be a big opportunity for swing traders or investors because its the starting of the rally . my personal target is 300+ before 2021 ends.
CASTROLIND | Scalping opportunity 1-3 days holdingCASTROLIND | Scalping opportunity 1-3 days holding
CMP : 151
SL : 148
Target : 160
1:2+ risk reward setup
This is a small averaging opportunity - Our previous Weekly chart trade is completely different. Don't disturb that one.
Live Challenging Stock Market Analysis #CASTROLIND Buy @ 151.30Market Analysis
Live Challenging Stock Market Analysis #CASTROLIND Buy @ 151.30
Target @ 140.20
#sharemarket #castrilind #Nse #stockmarket
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Castrol India has broken multiyear trendline resistance!Castrol India has broken out of nearly 7 year trendline resistance
Expect good movement from here
Levels are mentioned in the chart
Stop Loss can be adjusted as per your risk appetite
If you found the idea useful, give a like and show your support. Thank you!
Please stay safe. Happy Trading!
Regards,
Segan
#CASTROLIND ... Arriving at 160 soon.. Is 210 the next station??Castrol Ind has broken multiple Weekly EMA resistances, long term trend resistance and a short term resistance with only increasing volumes...
Stock is sure to touch 160 levels which may offer resistance in short term..
All details on chart.. Keep an eye on this one.. upside is huge if traded correctly..
Castrol Yearly Breakout on Daily ChartNSE:CASTROLIND
Castrol is making channel breakout on daily and weekly chart after 1 Year. It travelled in the range for more than 1 year and now making progress to break that out. Keep an eye for long. The target must the channel range.
Please share with your family and friend if you like the idea to go long. This chart is only for education purpose. Consult with your financial advisor before making any investment.
CASTROLIND - TREND LINE BREAKOUTAfter so many years in downtrend this stock has given trendline breakout and now its retesting the trendline ..
Also it has given wedge breakout..
so once the retest is done we can see some positive move in this stock..
This is only for educational purpose.. do your own analysis before making any investment..
Castrol India Trend line breakoutCastrol India Trend line breakout
can wait for retest
target short term 162
middle term 180
long term as per holding capacity
CASTROLIND CASTROLIND (Weekly):- 153.3 CMP LOOKS GOOD ABOVE 160 :)
1) Multiyear Breakout Candidate :)
2) Trend Reversal Candidate
Buy Castrol#Castrol
Weekly trend break out with volume
140-130 level is good support Now.
5 year Trend reversal.
225-250 level possible now.
Castrol India - Long Castrol India
It has broken last 4 years downtrend channel on weekly chart.
Its been consolidating for some months and It tried to break out back in march , but was pulled back
On daily chart, on 6/4 you can see huge volume with gap up opening
Fundamentally The company took a hit during last year lockdown, But Now Its has recovered back to it precovid level. so stock also would go back to it pre covid level soon.
My target is 160 for a quick 13-15%
Note:
Am not financial advisor, am just a small guy in this ocean trying to learn stuff.
Do your own analysis before taking any decisions.
Castrol India Long 1.Time frame - Weekly.
2.Trend - Bullish for the long term.
3 Pattern - Falling channel pattern Breakout.
#34 CASTROL GONNA THROTTLE UP#34 (GENIE IDEAS) BREAKOUTS AHEAD. I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on indraprastha gas, ubl ,tcs ,exide, tata power.
