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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 2024-11-08 View latest technical analysis

10 day averaged volume of Castrol India is 2539587

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	206.81	211.95	212.25	205.75	0.771 times
07 Thu Nov 2024	211.14	218.49	219.45	210.25	1.308 times
06 Wed Nov 2024	217.68	207.97	218.40	207.42	1.473 times
05 Tue Nov 2024	206.53	204.46	207.80	201.40	1.382 times
04 Mon Nov 2024	206.64	215.86	215.97	206.15	0.869 times
01 Fri Nov 2024	214.18	212.00	215.29	212.00	0.196 times
31 Thu Oct 2024	210.32	211.00	212.68	208.70	0.81 times
30 Wed Oct 2024	213.68	211.00	215.00	208.82	0.927 times
29 Tue Oct 2024	209.51	207.23	212.00	205.40	0.98 times
28 Mon Oct 2024	206.81	206.50	210.08	200.45	0.926 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 206.3 as stoploss in an intra day buy trade for a target of 213.72. However, stock will show a bearish move below 206.3.

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	200.45
Upside Target	215.29
Upside Target	223.68
Upside Target	232.58
Upside Target	232.59
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	198.99
Downside Intraday Target	191.17
Upside Intraday Target	217.04
Upside Intraday Target	227.27
Upside Intraday Target	209.22

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	206.81	215.86	219.45	201.40	1.511 times
01 Fri Nov 2024	214.18	206.50	215.29	200.45	0.755 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

Price has moved down 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
08 Fri Nov 2024	206.81	212.00	219.45	201.40	0.236 times
31 Thu Oct 2024	210.32	246.00	247.48	200.45	0.718 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

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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Castrol India in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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

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

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.