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 2024-10-14 View latest technical analysis

10 day averaged volume of Castrol India is 3321734

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	227.37	228.39	232.58	226.75	0.724 times
11 Fri Oct 2024	227.82	228.05	231.40	225.25	0.63 times
10 Thu Oct 2024	228.11	231.75	232.59	226.50	0.651 times
09 Wed Oct 2024	230.21	227.40	232.20	226.49	0.963 times
08 Tue Oct 2024	223.85	220.74	226.20	218.37	2.153 times
07 Mon Oct 2024	220.78	230.40	232.47	219.51	1.012 times
04 Fri Oct 2024	228.47	235.10	238.10	227.57	1.598 times
03 Thu Oct 2024	235.78	241.67	243.87	233.41	1.155 times
01 Tue Oct 2024	244.57	246.00	247.48	243.49	0.426 times
30 Mon Sep 2024	245.80	242.75	246.45	241.35	0.623 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 229.4, but if it comes above 229.4, then a intra day buy could be more profitable.
If you take a sell trade below 229.4, then use 229.4 as stoploss and 215.9 as target. However if you take a buy trade in stock , then use 229.4 as stoploss and 240.61 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	167.05
Downside Target	202.01
Downside Target	214.60
Downside Target	226.75
Upside Target	232.58
Upside Target	240.00
Upside Target	247.48
Upside Target	256.80
Upside Target	260.75
Upside Target	278.80
Upside Target	279.80
Upside Target	284.40

Intraday share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Intraday Target	225.22
Downside Intraday Target	223.07
Upside Intraday Target	231.05
Upside Intraday Target	234.73
Upside Intraday Target	228.9

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	227.37	228.39	232.58	226.75	0.134 times
11 Fri Oct 2024	227.82	230.40	232.59	218.37	1.422 times
04 Fri Oct 2024	228.47	242.75	247.48	227.57	1.018 times
27 Fri Sep 2024	244.25	252.00	256.80	243.50	0.921 times
20 Fri Sep 2024	250.05	260.00	260.75	242.60	0.688 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
14 Mon Oct 2024	227.37	246.00	247.48	218.37	0.344 times
30 Mon Sep 2024	245.80	265.30	278.80	241.35	0.509 times
30 Fri Aug 2024	264.75	263.10	284.40	240.00	0.401 times
31 Wed Jul 2024	262.14	202.50	279.80	202.01	5.56 times

Scroll below to view daily charts

Price has moved down 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 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 to mid 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 mid to longer 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.

ADX buy sell signal for Castrol India stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Castrol India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Castrol India in short term but BUY signal is weak.

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 229.34 and Castrol India (CASTROLIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.