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 2024-08-22 View latest technical analysis

10 day averaged volume of Castrol India is 7156815

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	270.85	269.00	275.35	266.30	1.255 times
21 Wed Aug 2024	268.50	250.75	274.40	250.75	4.37 times
20 Tue Aug 2024	250.70	254.00	256.00	249.85	0.305 times
19 Mon Aug 2024	253.40	252.70	256.70	252.10	0.382 times
16 Fri Aug 2024	252.30	248.00	253.60	247.30	0.598 times
14 Wed Aug 2024	245.45	250.95	252.50	244.00	0.396 times
13 Tue Aug 2024	250.30	256.85	258.40	249.05	0.375 times
12 Mon Aug 2024	255.10	255.10	263.00	253.00	0.698 times
09 Fri Aug 2024	256.25	258.00	262.85	255.55	0.591 times
08 Thu Aug 2024	255.55	254.80	259.50	251.40	0.849 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 266.7, but if it comes below 266.7, then a intra day sell could be more profitable.
If you take a sell trade below 266.7, then use 266.7 as stoploss and 257.88 as target. However if you take a buy trade in stock , then use 266.7 as stoploss and 277.2 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	167.05
Downside Target	185.45
Downside Target	202.01
Downside Target	211.20
Downside Target	230.40
Downside Target	240.00
Downside Target	249.85
Downside Target	262.85
Downside Target	263.00
Upside Target	275.35
Upside Target	278.85
Upside Target	279.80

Intraday share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Intraday Target	255.35
Downside Intraday Target	239.85
Upside Intraday Target	280.85
Upside Intraday Target	290.85
Downside Intraday Target	265.35

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	270.85	252.70	275.35	249.85	3.054 times
16 Fri Aug 2024	252.30	255.10	263.00	244.00	0.419 times
09 Fri Aug 2024	256.25	252.35	262.85	240.00	0.799 times
02 Fri Aug 2024	260.10	268.25	279.80	250.20	0.692 times
26 Fri Jul 2024	266.01	244.89	278.85	231.61	0.997 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
22 Thu Aug 2024	270.85	263.10	275.35	240.00	0.251 times
31 Wed Jul 2024	262.14	202.50	279.80	202.01	5.56 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

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 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 to mid 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 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 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 262.24 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.