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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 2024-10-28 View latest technical analysis

10 day averaged volume of Castrol India is 2683324

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	206.81	206.50	210.08	200.45	0.877 times
25 Fri Oct 2024	204.53	207.00	209.00	202.05	1.068 times
24 Thu Oct 2024	207.45	212.47	212.47	205.85	0.704 times
23 Wed Oct 2024	211.25	205.00	213.79	202.00	1.109 times
22 Tue Oct 2024	206.66	216.96	217.54	205.55	1.191 times
21 Mon Oct 2024	216.99	223.68	223.68	216.00	0.739 times
18 Fri Oct 2024	222.23	220.00	223.75	216.26	0.808 times
17 Thu Oct 2024	220.83	224.88	225.75	219.95	0.667 times
16 Wed Oct 2024	223.71	229.00	229.79	222.26	2.336 times
15 Tue Oct 2024	230.05	229.00	230.88	227.52	0.481 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 211.7, but if it comes above 211.7, then a intra day buy could be more profitable.
If you take a sell trade below 211.7, then use 211.7 as stoploss and 197.9 as target. However if you take a buy trade in stock , then use 211.7 as stoploss and 223.16 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	167.05
Downside Target	200.45
Upside Target	210.08
Upside Target	214.60
Upside Target	223.68
Upside Target	232.58
Upside Target	240.00
Upside Target	241.35
Upside Target	247.48
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	201.48
Downside Intraday Target	196.15
Upside Intraday Target	211.11
Upside Intraday Target	215.41
Downside Intraday Target	205.78

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	206.81	206.50	210.08	200.45	0.182 times
25 Fri Oct 2024	204.53	223.68	223.68	202.00	0.927 times
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

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
28 Mon Oct 2024	206.81	246.00	247.48	200.45	0.641 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 buy signal for Castrol India in short term but BUY signal is weak.

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 215.1 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.