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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 2024-04-23 View latest technical analysis

10 day averaged volume of Castrol India is 7846705

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	208.35	210.00	211.75	207.35	0.326 times
22 Mon Apr 2024	208.15	209.60	213.85	206.90	0.335 times
19 Fri Apr 2024	207.55	205.00	211.95	200.10	0.56 times
18 Thu Apr 2024	208.40	213.00	215.70	206.65	0.445 times
16 Tue Apr 2024	211.25	211.00	218.10	210.80	0.64 times
15 Mon Apr 2024	210.80	217.50	218.10	210.00	0.828 times
12 Fri Apr 2024	223.45	219.45	229.25	217.50	1.159 times
10 Wed Apr 2024	220.45	223.90	230.40	219.00	1.286 times
09 Tue Apr 2024	223.40	208.55	226.80	207.55	4.011 times
08 Mon Apr 2024	207.50	210.40	211.95	206.00	0.29 times

My analysis of stock is bullish for shortterm, and stock might move up till 216.7 or till 229.8. Use a stoploss of 205.85 and if this stock hits its stoploss, then it can fall down till 194.98

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	137.95
Downside Target	166.05
Downside Target	185.20
Downside Target	192.60
Downside Target	197.90
Downside Target	206.00
Upside Target	213.80
Upside Target	213.85
Upside Target	214.95
Upside Target	218.10
Upside Target	219.60
Upside Target	230.40

Intraday share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Intraday Target	205.55
Downside Intraday Target	202.75
Upside Intraday Target	212.5
Upside Intraday Target	216.65
Upside Intraday Target	209.7

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	208.35	209.60	213.85	206.90	0.267 times
19 Fri Apr 2024	207.55	217.50	218.10	200.10	0.367 times
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

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
23 Tue Apr 2024	208.35	187.00	230.40	187.00	1.282 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Castrol India in short term but the sell signal is initial and weak.

Castrol India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Castrol India in short term and SELL 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 218.13 and Castrol India (CASTROLIND) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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