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Technicals for Castrol India Limited
By MusingTheNews
2025-07-16 20:28
Overall Technical outlook
Price Summary
On 2025-07-15, Castrol India Limited's stock began at 223.95, peaked at 226.34, declined to 223.64, and ended the day 0.71% higher at 225.55, with 2053081 shares traded. For the 52-week period, the stock's highest price is 274.85, and the lowest price is 169.31. According to 6 analysts, the price of CASTROLIND in the future is projected to be between 210.0 and 251.0, with an average expected price of 233.16667.
Technicals
Support and Resistance: The price for CASTROLIND at 225.55 finds support at 223.13 and resistance at 239.92. This suggests a trading range, where 223.13 serves as a support level and 239.92 acts as a resistance point, potentially capping further gains. Support/Resistance for CASTROLIND
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Castrol India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Castrol India Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Castrol India Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for CASTROLIND. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Castrol India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for CASTROLIND, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Castrol India Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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