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.
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Ascending triangle breakout with good volumes on weekly chart. CMP - 141 T1 - 160 T2 - 180 SL - 117
(Monthly) - Resistance Breakout - Volume buildup Can go a long way
Weekly breakout 1st target 161 in few days and 200 will be few weeks.Lets see. By Invest with SK.
Castrol india making symmetrical pattern and it is about to breakout on weekly chart take position when break
ENTRY ABOVE-131 Sl -127.5 DISCLAIMER:These recommendations and reports are based on the theory of technical analysis and personal observations and are for educational purpose. This does not claim for profit. We are not responsible for any losses made by traders. It is only the outlook of the market with reference to its previous performance. You are advised to...
Cup pattern in Castrol on 15 TF (education Purpose only)
*education purpose only* Positional buy @130-136 Sl 120 Tgt open
Castrol has given a breakout with good volumes after a long consolidation at lower levels. Can hold upto targets of 140-145
Castrol has given a breakout after a long due proce and time correction with good volume. Can be considered for a swing trade
Castrol India - A must buy at these levels Daily chart at 200 EMA, Fibo level of .5 and over all a safe bet, Auto Sector is already in boom Rest self explanatory chart.
Castrol india breakout above 125.8;support of 121;will go to 137
Technical Analysis 1. Whenever it touches the resistance it tumbles down back to the support 2. Same in RSI, Whenever It touches the resistance zone it comes down. 3. It's respecting the trend line from 2016. There is no way you can short Castrol, But here what you can do! 1. Wait for the stock to come down to support level ie. near 77rs, Wait for the...