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(CASTROLIND) Castrol India complete technical analysis [charts+indicators] | Buy/Sell Castrol India | (CASTROLIND) share price targets

Complete technical analysis of Castrol India (CASTROLIND) by charts plus indicators, forecast predictions and share price targets for Castrol India (CASTROLIND)

10 day averaged volume of Castrol India is 2919095

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 192.60 194.25 195.20 191.10 0.492 times
21 Tue May 2024 193.80 195.45 197.05 193.00 0.634 times
20 Mon May 2024 195.05 194.20 196.00 193.70 0.175 times
17 Fri May 2024 193.70 191.40 195.40 190.25 0.798 times
16 Thu May 2024 190.30 190.95 193.80 189.50 0.672 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 189.2 as stoploss in an intra day buy trade for a target of 197.94. However, stock will show a bearish move below 189.2.

Share price targets for Castrol India (CASTROLIND)

Target Type Value
Downside Target 166.05
Downside Target 185.20
Downside Target 191.10
Upside Target 201.00
Upside Target 206.90
Upside Target 211.20
Upside Target 213.80
Upside Target 215.70
Upside Target 216.00
Upside Target 219.60
Upside Target 230.40

Intraday share price targets for Castrol India (CASTROLIND)

Target Type Value
Downside Intraday Target 190.12
Downside Intraday Target 187.63
Upside Intraday Target 196.07
Upside Intraday Target 199.53
Upside Intraday Target 193.58

Weekly technical analysis of Castrol India (CASTROLIND)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 192.60 194.20 197.05 191.10 0.319 times
17 Fri May 2024 193.70 191.70 195.40 186.00 0.519 times
10 Fri May 2024 191.40 198.40 201.00 186.15 1.365 times
03 Fri May 2024 196.40 214.80 215.70 194.60 1.175 times
26 Fri Apr 2024 212.70 209.60 216.00 206.90 0.737 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Castrol India (CASTROLIND)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 192.60 208.10 211.20 186.00 0.424 times
30 Tue Apr 2024 210.90 187.00 230.40 187.00 1.445 times
28 Thu Mar 2024 185.95 210.80 219.60 185.20 0.528 times
29 Thu Feb 2024 208.40 197.65 213.80 186.55 0.936 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Castrol India (CASTROLIND)

Indicator Name Indicator Value Indicator Signal
ADX 14, 21, 19 Sell
MACD -5, -5Sell
Stochastics 55None
CCI 38Sell
RSI 49Sell
OBV 797226Sell
VWAP 191Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Castrol India ( (CASTROLIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Castrol India ( (CASTROLIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Castrol India ( (CASTROLIND) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Castrol India ( (CASTROLIND) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Castrol India stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Castrol India in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Castrol India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Castrol India in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Castrol India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 190.92 and Castrol India (CASTROLIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Castrol India (CASTROLIND) stock. Volume based technical analysis of Castrol India (CASTROLIND) stock is negative.

Castrol India Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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