Buy CASTROLIND at 125.25 with SL at 109 for a Target of 171.10, the RR is 1:3
Reason for long a) consolidation breakout b) Vwap breakout SL compulsory wave 3 possible... Duration 2 months
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
Stock in downtrend journey, expecting to go further down. Short at CMP. Target : 103 to 104 level
Buy zone @106 to 110 Stoploss @ 102 Target @ T1 128 @ T2 149
enter long after breakout or wait for 111 -113 level then enter long with 110.80 as stoploss for a target of 114 ----118-----119.60------------------------------122.40
Downtrend will continue in castrol india after resistance at monthly zone
CASTROL - After forming an ending diagonal by waves 1-2, It is right in the retracement zone. It's ready to launch for the next biggest wave - 3. -Definitely not SEBI - Registered. So, this is only for educational purpose. Invest wisely.
Company is almost debt-free. Company is expected to give a good quarter Company has a good return on equity (ROE) track record: 3 Years ROE 51.80% Company has been maintaining a healthy dividend payout of 76.95% ABOUT Castrol India Ltd is principally engaged in the business of manufacturing & marketing of automotive and industrial lubricants and related...
This stock down five wave down side complete according to wave analysis this stock move upside two target 38%retracment or 62%rectracment . this stock rsi or macd postive condition work
CASTROL INDIA forming Bullish hormonic pattern ,will expect 200+ in 2022
look out at the strength of bears till the end of this month . if its strong then opt for shorting with strict stops
Wait for a Breakout and Enter a Trade ! Wait for a Breakout and Enter a Trade !
As we can see that in CASTROL INDIA will give multiple years breakout and taking support from below trend line, if breakout happen in couple of days or weeks than we will see the good Hight of its price and it will be good rally for us, trend line and wave analysis work properly than it will happen and its good swing trade for us. NSE:CASTROLIND
Its Good to Buy Now Its a Long Term one its done Breakout and Retest also happens so this is high probabilty trade ! White Lines are Targets !
Head and shoulder pattern This photo only education purpose only
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.