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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 2024-11-22 View latest technical analysis

10 day averaged volume of Castrol India is 2573574

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	198.68	188.22	200.80	187.00	4.68 times
21 Thu Nov 2024	186.24	190.13	190.74	185.07	0.807 times
19 Tue Nov 2024	190.13	191.45	194.26	188.97	0.715 times
18 Mon Nov 2024	189.53	191.46	193.34	187.26	0.979 times
14 Thu Nov 2024	190.41	191.15	195.89	188.93	1.297 times
13 Wed Nov 2024	190.28	197.01	199.44	189.60	1.24 times
12 Tue Nov 2024	199.85	205.20	205.89	198.63	0.82 times
11 Mon Nov 2024	204.63	206.02	208.66	203.30	0.637 times
08 Fri Nov 2024	206.81	211.95	212.25	205.75	0.761 times
07 Thu Nov 2024	211.14	218.49	219.45	210.25	1.291 times

Stock of Castrol India (CASTROLIND) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 194.1 or till 183.1. Use a stoploss of 203.25 and if the stock hits stoploss, then it can shoot up till 212.39

Share price targets for Castrol India (CASTROLIND)

Target Type	Value
Downside Target	185.07
Downside Target	188.93
Upside Target	200.45
Upside Target	208.66
Upside Target	215.29
Upside Target	223.68
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	188.9
Downside Intraday Target	179.12
Upside Intraday Target	204.63
Upside Intraday Target	210.58
Downside Intraday Target	194.85

Weekly technical analysis of Castrol India (CASTROLIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	198.68	191.46	200.80	185.07	1.798 times
14 Thu Nov 2024	190.41	206.02	208.66	188.93	0.697 times
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

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 Fri Nov 2024	198.68	212.00	219.45	185.07	0.681 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Castrol India in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 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 197.23 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 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.