CASTROLIND trade ideas
double top formed in castrol , double top formed in castrol , if it breaks the neckline target wil be 111
CASTROLIND, SHORT STOCK, NSE:CASTROLIND STOCK IS LOOKING BEARISH,
THE STOCK IS LOOKING DOWNSIDE FOR A WHILE, IF MARKET IS FOLLOWING A PATH THEN IT HAS TO REACH THE 'C' LEG TO LOOK BULLISH
RANGE IS 72 TO 92 IS ENTRY FOR LONG RUN, OTHER WISE KEEP A SHORT POSITION IN FUTURES.
PLEASE REVIEW AND COMMENT YOUR VIEWS,
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DISCLAIMER: THE POST IS FOR ONLY EDUCATIONAL PURPOSE
Value Investing 7: Castrol IndiaGet value stocks of all sectors - Contact 07066035072 (Whatsapp only)
Sector: Automobile
% Debt of Market capital: < 3 (Negligible debt)
PEG: 1.19 (Medium growth)
Beta: 0.83 (Medium Volatile)
Fair value: 132 (Compare with current price)
Key buying/support level: 116-72
Fundamentals: www.fundata.in
CASTROLIND (Castrol India Limited) SELL BELOW 149.8CASTROLIND (Castrol India Limited) SELL BELOW 149.8
CASTROLINDWAITING FOR PRICES TO TEST THE ENTRY PRICE. SELL SETUP :)
KEEP IT SIMPLE, KEEP IT UNIQUE :)
HAPPY TRADING, HAPPY PROFIT MAKING :)
NOTE: MY VIEW ONLY....
Has flag hoisting been done in Castrol? Republic day special! www.tradingview.com
At 170 keep a trade ready upto 178-180!
CASTROL INDIA Doji tradeDoji formed at Strong Support turned Resistance.
Go Long at break of Doji's High
Short at break of Doji's Low
CastorOil india..Short term invesment Longs.Price may reach weekly demand zones which have confluence have certain fibo lvls on higher time frames.
CASTROL - A possible bounce from 175- 180 regionMonthly is bullish. Several times before price graced 175 - 180 region and moved up. Last couple of months, market sold at lower prices giving a lower high sequence and hiting the 180 resistance. This resistance point is getting weaker as price navigates through that area more often. Also, there is very high open interest build up in long 200 and 210 strike which acts as resistance for the moment.
The opportunity is to wait for a bounce from around 175 - 180 area and participate in the rally to the upside. The current open positions will need to get covered and that alone will push the price higher. I will be using options to play this bounce if it happens using 15, 5 and 1 minute charts with 2 ATR stop in 1 min. If it breaks 175 - 180 region to the downside then I will not take the trade.
CASTROLIND LONG The stock in a channel. Results are due on the 3rd May 2018. With a SL of 191, one can go long for Targets of 200, 205, 211
Castrol - Downward Trendtriple top, 5th wave, parallel channel downtrend - long as well as short term
CASTROLIND reversal from supportCASTROLIND reversal from support level. One can enter this trade with target 1 tll 38.2% retracement ie 385 and target 2 till 61.8% retracement ie. 406 . with Stoploss at 352.
