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 2024-04-10 View latest technical analysis

10 day averaged volume of Castrol India is 7235826

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	220.45	223.90	230.40	219.00	1.395 times
09 Tue Apr 2024	223.40	208.55	226.80	207.55	4.35 times
08 Mon Apr 2024	207.50	210.40	211.95	206.00	0.314 times
05 Fri Apr 2024	209.15	209.45	212.85	206.80	0.484 times
04 Thu Apr 2024	209.05	210.50	212.60	206.25	0.342 times
03 Wed Apr 2024	209.20	209.95	214.95	207.80	0.708 times
02 Tue Apr 2024	211.25	203.00	211.95	201.00	1.467 times
01 Mon Apr 2024	201.40	187.00	203.65	187.00	1.016 times
28 Thu Mar 2024	185.95	190.25	191.10	185.20	0.411 times
27 Wed Mar 2024	189.75	187.00	192.60	187.00	0.526 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 223.7, for a target of 211.4 or 201.22

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	137.95
Downside Target	166.05
Downside Target	185.20
Downside Target	197.90
Downside Target	202.20
Downside Target	206.00
Downside Target	213.80
Downside Target	213.90
Downside Target	214.95
Downside Target	219.60
Upside Target	230.40

Intraday share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Intraday Target	207.5
Downside Intraday Target	194.55
Upside Intraday Target	231.9
Upside Intraday Target	243.35
Downside Intraday Target	218.95

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	220.45	210.40	230.40	206.00	1.508 times
05 Fri Apr 2024	209.15	187.00	214.95	187.00	3.046 times
28 Thu Mar 2024	185.95	191.40	192.60	185.20	0.683 times
22 Fri Mar 2024	191.50	199.10	202.20	191.00	0.469 times
15 Fri Mar 2024	197.15	209.50	213.90	186.05	1.69 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Castrol India (CASTROLIND)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	220.45	187.00	230.40	187.00	0.877 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
31 Wed Jan 2024	196.70	179.75	197.90	166.05	0.799 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 213.94 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.