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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 4977495

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 210.64 212.70 214.30 208.41 1.134 times
20 Thu Jun 2024 210.70 205.87 212.00 205.01 1.776 times
19 Wed Jun 2024 204.87 203.49 208.59 203.01 1.132 times
18 Tue Jun 2024 202.71 205.50 205.89 202.00 0.499 times
14 Fri Jun 2024 203.93 203.80 206.65 202.11 0.641 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 204.8, but if it comes below 204.8, then a intra day sell could be more profitable.
If you take a sell trade below 204.8, then use 204.8 as stoploss and 196.24 as target. However if you take a buy trade in stock , then use 204.8 as stoploss and 215.1 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 195.61
Downside Target 202.00
Downside Target 209.16
Upside Target 211.20
Upside Target 213.80
Upside Target 214.30
Upside Target 219.60
Upside Target 230.40

Intraday share price targets for Castrol India (CASTROLIND)

Target Type Value
Downside Intraday Target 203.66
Downside Intraday Target 196.68
Upside Intraday Target 215.96
Upside Intraday Target 221.28
Downside Intraday Target 208.98

Weekly technical analysis of Castrol India (CASTROLIND)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 210.64 205.50 214.30 202.00 0.972 times
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

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
21 Fri Jun 2024 210.64 200.00 214.30 167.05 0.938 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 30, 14, 38 Buy
MACD 5, 2Buy
Stochastics 89Buy
CCI 152Buy
RSI 56Buy
OBV 22761055Sell
VWAP 205Buy
ADL 0Sell
ROC 12Buy
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

ADX buy sell signal for Castrol India stock for short term is BUY. Signal strength is Strong 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 coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 204.82 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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