Castrol India is our Diwali pick for 100% Gains in 1 to 2 year time frame. We suggested this stock around 113.
castrol gave breakout on pink channel. buy at 121-123, target 129, 139, 155
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...
by using trendline castrol india bullish view . MACD also bullish, Rsi is High. buy above 129, target 140, SL 125
castrol uptrend if markets breaks 132 , target will be141
double top formed in castrol , if it breaks the neckline target wil be 111