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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 2024-10-18 View latest technical analysis

10 day averaged volume of Castrol India is 3503336

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	222.23	220.00	223.75	216.26	0.619 times
17 Thu Oct 2024	220.83	224.88	225.75	219.95	0.511 times
16 Wed Oct 2024	223.71	229.00	229.79	222.26	1.789 times
15 Tue Oct 2024	230.05	229.00	230.88	227.52	0.368 times
14 Mon Oct 2024	227.37	228.39	232.58	226.75	0.686 times
11 Fri Oct 2024	227.82	228.05	231.40	225.25	0.597 times
10 Thu Oct 2024	228.11	231.75	232.59	226.50	0.618 times
09 Wed Oct 2024	230.21	227.40	232.20	226.49	0.913 times
08 Tue Oct 2024	223.85	220.74	226.20	218.37	2.042 times
07 Mon Oct 2024	220.78	230.40	232.47	219.51	0.959 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 224.1, but if it comes above 224.1, then a intra day buy could be more profitable.
If you take a sell trade below 224.1, then use 224.1 as stoploss and 211.1 as target. However if you take a buy trade in stock , then use 224.1 as stoploss and 234.9 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	167.05
Downside Target	202.01
Downside Target	214.60
Upside Target	227.57
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	214.8
Downside Intraday Target	207.37
Upside Intraday Target	231.12
Upside Intraday Target	240.01
Upside Intraday Target	223.69

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	222.23	228.39	232.58	216.26	0.775 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
18 Fri Oct 2024	222.23	246.00	247.48	216.26	0.472 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 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 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 gaining 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 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

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 224.92 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.