- Strong prior uptrend - VCP formation - Volume dry-up - Forming higher lows - Tight price action - Low risk entry
Based on the 4-hour chart for Castrol India (NSE: CASTROLIND), here is the summary: Key Levels: - Resistance Zone: 200-210 - Support Zone: 175-185 Current Price: - Current Price: 187.65 Chart Analysis: 1. Downtrend: The stock has been in a downtrend, as indicated by the descending trendline. 2. Support Zone: The stock has reached a support zone between 175-185,...
Rectangular pattern Breakout after good Consolidation. Volume Buildup . Good for Short term. Target 252 , 305 ,360 . Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for...
There is been a positive shift in the price structure of the stock. Sustaining 110 levels, the stock is probably moving towards 125 - 130 levels in the coming weeks. Trade type: Positional long call
Castrol India is in range bound Buy low at 113 and sell high at 131 if it doesnt give breakout. if it gives breakout at 131 strong buy till 140 and 160 levels
We feel investors could buy the stock at LTP and add on dips to Rs 106 –108 band (~12.5xCY21E EPS) for a TGT of 128/136. On hourly chart data is strong as its above VWAP+MACD cross over + TK line crossover and on daily chart strong data starts to form with approaching cloud breakout we assume the trend to continue. So buy at correct price and dip with 2 quarter...
Castrol broke out today and looks ripe for an upmove in short-term with 380 as sl.
CASTROLIND breaksout - A probable Major 4th wave completion of the Primary 3rd wave.