Login or Join
Learn then Earn

(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)

10 day averaged volume of Castrol India is 1907559

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 195.05 188.20 197.05 187.00 2.122 times
30 Thu May 2024 187.75 187.25 189.00 185.45 0.717 times
29 Wed May 2024 187.30 187.15 190.35 186.10 0.699 times
28 Tue May 2024 187.20 190.55 191.65 186.90 0.833 times
27 Mon May 2024 189.70 193.50 194.00 189.50 1.138 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 195, but if it comes below 195, then a intra day sell could be more profitable.
If you take a sell trade below 195, then use 195 as stoploss and 191.73 as target. However if you take a buy trade in stock , then use 195 as stoploss and 198.9 as target.

Share price targets for Castrol India (CASTROLIND)

Target Type Value
Downside Target 166.05
Downside Target 185.20
Downside Target 191.10
Upside Target 197.90
Upside Target 198.00
Upside Target 201.00
Upside Target 211.20
Upside Target 213.80
Upside Target 215.70
Upside Target 219.60
Upside Target 230.40

Intraday share price targets for Castrol India (CASTROLIND)

Target Type Value
Downside Intraday Target 187.98
Downside Intraday Target 180.92
Upside Intraday Target 199.58
Upside Intraday Target 204.12
Downside Intraday Target 192.52

Weekly technical analysis of Castrol India (CASTROLIND)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 195.05 193.50 197.05 185.45 1.226 times
24 Fri May 2024 193.05 194.20 198.00 191.10 0.72 times
17 Fri May 2024 193.70 191.70 195.40 186.00 0.519 times
10 Fri May 2024 191.40 198.40 201.00 186.15 1.365 times
03 Fri May 2024 196.40 214.80 215.70 194.60 1.175 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
31 Fri May 2024 195.05 208.10 211.20 185.45 0.551 times
30 Tue Apr 2024 210.90 187.00 230.40 187.00 1.445 times
28 Thu Mar 2024 185.95 210.80 219.60 185.20 0.528 times
29 Thu Feb 2024 208.40 197.65 213.80 186.55 0.936 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 24, 19, 12 Buy
MACD -5, -6Buy
Stochastics 35None
CCI 31Buy
RSI 49Sell
OBV 5964648Sell
VWAP 192Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Castrol India in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 191.99 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 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.

Click here for Castrol India charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme