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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 2024-07-11 View latest technical analysis

10 day averaged volume of Castrol India is 27149831

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	249.63	253.00	257.80	248.20	0.402 times
10 Wed Jul 2024	251.61	251.80	255.90	239.50	0.46 times
09 Tue Jul 2024	250.40	253.50	260.20	248.05	0.42 times
08 Mon Jul 2024	251.80	254.02	258.00	249.46	0.314 times
05 Fri Jul 2024	254.02	250.00	260.00	247.04	1.217 times
04 Thu Jul 2024	251.25	243.00	255.45	241.25	2.154 times
03 Wed Jul 2024	243.17	216.30	252.00	214.63	4.098 times
02 Tue Jul 2024	214.18	218.00	221.10	211.81	0.367 times
01 Mon Jul 2024	216.98	202.50	218.00	202.01	0.73 times
28 Fri Jun 2024	200.61	202.65	207.37	199.80	0.112 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 243.3, but if it comes below 243.3, then a intra day sell could be more profitable.
If you take a sell trade below 243.3, then use 243.3 as stoploss and 222.33 as target. However if you take a buy trade in stock , then use 243.3 as stoploss and 268.5 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	167.05
Downside Target	185.20
Downside Target	195.61
Downside Target	199.80
Downside Target	209.16
Downside Target	214.60
Downside Target	219.60
Downside Target	230.40
Downside Target	239.50
Upside Target	260.00
Upside Target	260.20

Intraday share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Intraday Target	239.35
Downside Intraday Target	229.08
Upside Intraday Target	260.05
Upside Intraday Target	270.48
Upside Intraday Target	249.78

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	249.63	254.02	260.20	239.50	0.186 times
05 Fri Jul 2024	254.02	202.50	260.00	202.01	13.569 times
28 Fri Jun 2024	200.61	209.61	214.60	199.80	0.758 times
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

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
11 Thu Jul 2024	249.63	202.50	260.20	202.01	3.481 times
28 Fri Jun 2024	200.61	200.00	214.60	167.05	1.196 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 243.98 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.