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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)

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

Showing technical analysis as on 2024-04-12 View latest technical analysis

10 day averaged volume of Castrol India is 7968009

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	223.45	219.45	229.25	217.50	1.142 times
10 Wed Apr 2024	220.45	223.90	230.40	219.00	1.267 times
09 Tue Apr 2024	223.40	208.55	226.80	207.55	3.95 times
08 Mon Apr 2024	207.50	210.40	211.95	206.00	0.285 times
05 Fri Apr 2024	209.15	209.45	212.85	206.80	0.439 times
04 Thu Apr 2024	209.05	210.50	212.60	206.25	0.31 times
03 Wed Apr 2024	209.20	209.95	214.95	207.80	0.643 times
02 Tue Apr 2024	211.25	203.00	211.95	201.00	1.332 times
01 Mon Apr 2024	201.40	187.00	203.65	187.00	0.923 times
28 Thu Mar 2024	185.95	190.25	191.10	185.20	0.373 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 227.1, for a target of 213.5 or 202.19

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	209.5
Downside Intraday Target	195.55
Upside Intraday Target	233.9
Upside Intraday Target	244.35
Downside Intraday Target	219.95

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	223.45	210.40	230.40	206.00	1.821 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
12 Fri Apr 2024	223.45	187.00	230.40	187.00	0.986 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 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 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 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 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 216.04 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.