BO from triangle and above 200 EMA
Castrol has broken out of a triangle pattern in weekly TF and currently above the 200 EMA..a very important moving average. If it open above the CMP or with a gap up it will be a good stock to trade..
CMP 153.3
Target 1 - 159
Target 2 - 168.8
Target 3...lets achieve first 2 targets...all target marked with blue horizontal lines.
CMP 153.3
Target 1 - 159
Target 2 - 168.8
Target 3...lets achieve first 2 targets...all target marked with blue horizontal lines.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.