CASTROL INDIA LTD stock forum
CASTROLIND Stock Research Report: Castrol India Ltd CMP: ₹265
Buy Zone: ₹265-₹268
Target: ₹291
Stop Loss: ₹238
Time Frame: 1 months
Rationale:
After breaking resistance and hitting a new high, the stock underwent a healthy pullback.
It then broke out of a consolidation phase on the hourly chart, resuming its upward trend.
Momentum indicators likely show bullish signals, with a target of ₹291.
Risk: Set a stop loss at ₹238 to manage downside risk in case of market volatility or adverse sector conditions.
CASTROLIND next target 228, this is with in 4 days.
CASTROLIND Next target 217