Homepage Active Options Active Stocks

Stock analysis Castrol India Limited CASTROLIND

More indepth analysis on MunafaSutra.com

Moving Averages for Castrol India Limited

  • 5Day Average: 206.84
  • 12Day Average: 208.47
  • 20Day Average: 210.73
  • 50Day Average: 205.53
  • 100Day Average: 191.27
  • 150Day Average: 173.52
  • 200Day Average: 166.25

CASTROLIND Indicators & signals

Indicator MACD (12,26,9)

207.45, 207.06, 2.11
Indicator MACD is in positive zone

Indicator ADX (14)

22.82, 17.02, 27.08
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CASTROLIND Castrol India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 196.40 194.60 to 204.05 -2.82% 1.92 times
02 Thu May 2024 202.10 201.55 to 211.20 -4.17% 1.86 times
30 Tue Apr 2024 210.90 209.40 to 213.70 -0.57% 0.66 times
29 Mon Apr 2024 212.10 210.25 to 215.70 -0.28% 0.7 times
26 Fri Apr 2024 212.70 210.60 to 215.60 0.64% 0.89 times
25 Thu Apr 2024 211.35 210.00 to 213.80 -0.49% 0.65 times
24 Wed Apr 2024 212.40 209.45 to 216.00 1.94% 1.25 times
23 Tue Apr 2024 208.35 207.35 to 211.75 0.1% 0.78 times
22 Mon Apr 2024 208.15 206.90 to 213.85 0.29% 0.8 times
19 Fri Apr 2024 207.55 200.10 to 211.95 -0.41% 1.34 times
18 Thu Apr 2024 208.40 206.65 to 215.70 -1.35% 1.07 times
16 Tue Apr 2024 211.25 210.80 to 218.10 0.21% 1.54 times

Technical analysis forecast for Castrol India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Castrol India Limited CASTROLIND at this time. Stock is falling and might fall more.

It appears as if Castrol India Limited CASTROLIND gave a large move recently.

Stock of Castrol India Limited (CASTROLIND) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Castrol India Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 194.1, for a target of 201.5 or 207.59

More indepth analysis on MunafaSutra.com