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Technicals for Castrol India Limited
By MusingTheNews
2025-10-17 20:28
Overall Technical outlook
Price Summary
In today's trading session, CASTROLIND's shares dived by -2.48%, marking a lousy day. On 2025-10-16, Castrol India Limited's stock began at 205.0, peaked at 205.29, bottomed at 199.7, and closed -2.48% lower at 199.91, with a volume of 1395165 shares. The stock's highest price in the past 52 weeks is 245.88, while its lowest price during the same period 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 233.83333.
Technicals
Support and Resistance: The price for CASTROLIND is 199.91, with support at 197.43 and resistance at 205.01. This suggests a range where 197.43 acts as a base, preventing declines, and 205.01 caps gains, defining key trading levels. Support/Resistance for CASTROLIND
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Castrol India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Castrol India Limited
Parabolic SAR: The PSAR continues to be bullish for CASTROLIND, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Castrol India Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Castrol India Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages supports a bullish trend, yet the slopes of the shorter-term averages suggest a possible weakening. The faster averages indicate that a reversal might be approaching, with the upward momentum potentially losing steam. This could signal an upcoming change in direction. Tripple SMA chart for Castrol India Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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