This article examines the stock market volatility and investor behavior in India...
Technicals for Castrol India Limited
By MusingTheNews
2025-04-25 20:28
Overall Technical outlook
Price Summary
In today's trading session, CASTROLIND's shares declined by -2.73%, marking a lousy day. On 2025-04-25, Castrol India Limited's stock started at 208.67, soared to 209.55, dropped to 201.0, and finished the day -2.73% lower at 202.98, with a trading volume of 2693691 shares. Over the previous 52 weeks, the stock reached a high of 274.85 and a low of 169.31. Based on recommendations from 6 analysts, the future price of CASTROLIND is expected to range from 200.0 to 260.0, with an average price expectation around 230.0.
Technicals
Support and Resistance: The price currently sits at 202.98, finding support at 192.79 and resistance at 206.81. These levels define a range for Castrol India Limited where the price may move, with 192.79 offering a base and 206.81 limiting upward momentum. Support/Resistance for CASTROLIND
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Castrol India Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Castrol India Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Castrol India Limited
Stochastic: The stochastic indicator for CASTROLIND reflects the K-line moving below the D-line, though it stays above 80, hinting at the potential beginning of a bearish price move. This setup suggests that the market's strength may be diminishing, with a possible downturn ahead. Traders should be on alert for further bearish confirmation. Stochastic chart for Castrol India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Castrol India Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Castrol India Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into how digital technologies are transforming financial services in...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.