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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 2024-07-24 View latest technical analysis

10 day averaged volume of Castrol India is 11843108

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	270.55	246.59	274.80	245.27	2.413 times
23 Tue Jul 2024	246.60	251.80	252.25	231.61	0.493 times
22 Mon Jul 2024	250.22	244.89	254.24	241.42	0.497 times
19 Fri Jul 2024	246.94	259.80	259.80	245.40	0.708 times
18 Thu Jul 2024	260.82	270.00	270.80	259.22	0.834 times
16 Tue Jul 2024	270.61	271.00	277.69	266.51	1.779 times
15 Mon Jul 2024	267.32	252.97	269.95	249.34	2.093 times
12 Fri Jul 2024	251.58	250.85	256.90	249.35	0.657 times
11 Thu Jul 2024	249.63	253.00	257.80	248.20	0.921 times
10 Wed Jul 2024	251.61	251.80	255.90	239.50	1.054 times

Stock of Castrol India (CASTROLIND) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 264.5, but if it comes below 264.5, then a intra day sell could be more profitable.
If you take a sell trade below 264.5, then use 264.5 as stoploss and 242.81 as target. However if you take a buy trade in stock , then use 264.5 as stoploss and 290.5 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	167.05
Downside Target	185.20
Downside Target	199.80
Downside Target	211.20
Downside Target	219.60
Downside Target	230.40
Downside Target	239.50
Downside Target	245.40
Downside Target	260.00
Downside Target	260.20
Upside Target	274.80
Upside Target	277.69

Intraday share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Intraday Target	243.17
Downside Intraday Target	215.8
Upside Intraday Target	286.36
Upside Intraday Target	302.18
Downside Intraday Target	258.99

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	270.55	244.89	274.80	231.61	0.629 times
19 Fri Jul 2024	246.94	252.97	277.69	245.40	1.254 times
12 Fri Jul 2024	251.58	254.02	260.20	239.50	0.22 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

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
24 Wed Jul 2024	270.55	202.50	277.69	202.01	4.897 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Castrol India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 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 261.37 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.