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Technicals for Castrol India Limited
By MusingTheNews
2025-12-15 20:28
Overall Technical outlook
Price Summary
Castrol India Limited's stock opened at 183.3 on 2025-12-15, surged to a high of 184.27, hit a low of 182.06, and closed up 0.18% at 183.63, with 889865 shares traded. The stock's peak price over the last 52 weeks is 245.88, with the lowest being 169.31. According to 6 analysts, the future price is anticipated to vary between 211.0 and 260.0, with an average expected price of around 233.66667.
Technicals
Aroon: Aroon's bearish trend remains intact, with Aroon Down consistently at the 100 level. This ongoing downward momentum requires additional analysis using other indicators to assess its potential future effects. Aroon chart for Castrol India Limited
Bol. Bands: The current price for CASTROLIND has dipped below the lower Bollinger Band, remaining there since the last move. This suggests that the market is experiencing strong downward pressure, with prices potentially being oversold. The persistent stay below this key level indicates that the trend might continue in this direction unless a reversal or correction occurs. Traders might view this as a sign of extended bearish momentum in the market. Bolinger Bands chart for Castrol India Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Castrol India Limited
Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, the market shows signs of a mildly bearish trend. This configuration hints at potential weakness, but the bearish sentiment is relatively weak. Traders should stay alert for any further signs of a downturn. Stochastic chart for Castrol India Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods point to a bullish trend for CASTROLIND, though the slopes of the faster averages suggest that this strength may be waning. The potential for a reversal is becoming evident, as the shorter-term averages indicate that the current upward momentum could be losing steam. Tripple SMA chart for Castrol India Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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