- Strong prior uptrend - VCP formation - Volume dry-up - Forming higher lows - Tight price action - Low risk entry
There seems to be a strong breakout in CASTROL IND . This could potentially be an excellent swing trade. Reasons are listed below : Multiple tests on 161 levels and finally the price broke these levels with high volumes. Marubozu candle (bullish sign) on weekly timeframe. Breakout after a strong consolidation of 5years . Stock price is above 50 and 200EMA...
STOCKS FOR SWING TRADING (SHORT TERM) 18/06/2024 NO.1 #CASTROLIND Buy Price - 200 (CMP 203) SL - 185 TARGET - 230 (15%) @jagadheeshjp Disclaimer : All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any...
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...
Buy CASTROLIND 167 - 173 SL 160 Tgt 195-220 I am expecting 15-30 % return positional basis on this trade
NSE:CASTROLIND shared @ 110 and now Trading @ 155. Enjoy your Profits by book or Trail your SL.
NSE:CASTROLIND Shared with SL and now trading @ 153 Book partial or trail your profits.
NSE:CASTROLIND #NSE:CASTROLIND monthly time zone formed beautiful descending triangle, Entering in to high potential support zone. Marked the levels.
Castrol India, a good news driven moment started. Entering into EV space. Breaking the horizontal boundary. Look for entry into it. I have few quantities from the beginning of rally and will be adding more after this level sustains.
I bought Castrol India Candles above 100 & 200 EMA RSI bullish Manual trend is bullish as well SL 95 T1 115+ and T2 open I think we may witness a strong up move in 3 to 6 months
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 forming Bullish hormonic pattern ,will expect 200+ in 2022
The stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is based on fundamentals.
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...