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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 3951332

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 203.93 203.80 206.65 202.11 0.807 times
13 Thu Jun 2024 202.50 206.90 207.00 202.00 0.624 times
12 Wed Jun 2024 205.01 201.65 209.16 201.01 1.83 times
11 Tue Jun 2024 200.05 202.03 204.30 199.11 0.647 times
10 Mon Jun 2024 202.03 196.99 205.49 195.61 1.979 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 199.9, but if it comes below 199.9, then a intra day sell could be more profitable.
If you take a sell trade below 199.9, then use 199.9 as stoploss and 193.56 as target. However if you take a buy trade in stock , then use 199.9 as stoploss and 207.6 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type Value
Downside Target 167.05
Downside Target 185.20
Downside Target 191.10
Downside Target 195.40
Downside Target 198.00
Downside Target 200.65
Upside Target 209.16
Upside Target 211.20
Upside Target 213.80
Upside Target 219.60
Upside Target 230.40

Intraday share price targets for Castrol India (CASTROLIND)

Target Type Value
Downside Intraday Target 196.64
Downside Intraday Target 189.35
Upside Intraday Target 210.19
Upside Intraday Target 216.45
Downside Intraday Target 202.9

Weekly technical analysis of Castrol India (CASTROLIND)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 203.93 196.99 209.16 195.61 1.431 times
07 Fri Jun 2024 194.95 200.00 200.65 167.05 1.547 times
31 Fri May 2024 195.05 193.50 197.05 185.45 1.226 times
24 Fri May 2024 193.05 194.20 198.00 191.10 0.72 times
17 Fri May 2024 193.70 191.70 195.40 186.00 0.519 times

Price has moved up 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
14 Fri Jun 2024 203.93 200.00 209.16 167.05 0.596 times
31 Fri May 2024 195.05 208.10 211.20 185.45 0.551 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

Price has moved up 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 27, 19, 17 Buy
MACD 2, -1Buy
Stochastics 87Buy
CCI 77Buy
RSI 51Buy
OBV 15963641Sell
VWAP 197Buy
ADL 0Sell
ROC 5Buy
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 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 mid to longer 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.

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

MACD generated a BUY signal for Castrol India in short term and the buy signal is strong.

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

Castrol India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Castrol India in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 197.15 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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