Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Castrol India trades in NSE in Oil Marketing & Distribution sector.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Castrol India is 5164489

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	211.75	215.30	215.40	209.20	0.959 times
02 Sat Mar 2024	214.25	214.00	215.70	213.70	0.105 times
01 Fri Mar 2024	213.65	210.80	216.80	209.95	2.257 times
29 Thu Feb 2024	208.40	197.35	211.00	194.90	1.606 times
28 Wed Feb 2024	197.10	206.65	208.50	195.05	0.971 times
27 Tue Feb 2024	205.20	199.25	208.25	199.25	1.34 times
26 Mon Feb 2024	198.45	204.00	204.50	197.75	0.556 times
23 Fri Feb 2024	204.30	203.90	205.40	201.60	0.65 times
22 Thu Feb 2024	204.70	203.05	206.20	199.00	0.92 times
21 Wed Feb 2024	201.95	208.45	209.90	200.70	0.77 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 209.9, but if it comes below 209.9, then a intra day sell could be more profitable.
If you take a sell trade below 209.9, then use 209.9 as stoploss and 203.24 as target. However if you take a buy trade in stock , then use 209.9 as stoploss and 217.9 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	132.40
Downside Target	137.95
Downside Target	143.55
Downside Target	166.05
Downside Target	186.55
Downside Target	207.45
Downside Target	209.20
Upside Target	213.50
Upside Target	213.80
Upside Target	215.40
Upside Target	216.80

Intraday share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Intraday Target	208.83
Downside Intraday Target	205.92
Upside Intraday Target	215.03
Upside Intraday Target	218.32
Upside Intraday Target	212.12

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	211.75	215.30	215.40	209.20	0.14 times
02 Sat Mar 2024	214.25	204.00	216.80	194.90	1.435 times
23 Fri Feb 2024	204.30	208.80	213.80	199.00	0.619 times
16 Fri Feb 2024	207.70	203.00	213.50	186.55	1.097 times
09 Fri Feb 2024	201.60	204.50	207.45	191.60	0.5 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
04 Mon Mar 2024	211.75	210.80	216.80	209.20	0.109 times
29 Thu Feb 2024	208.40	197.65	213.80	186.55	0.936 times
31 Wed Jan 2024	196.70	179.75	197.90	166.05	0.799 times
29 Fri Dec 2023	179.75	139.50	188.80	137.95	6.711 times

Scroll below to view daily charts

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)

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 losing 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 206.81 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.