Monday, 29 August 2016

CASTROL SHOWING SIGN OF NO DEMAND.





                 Wide Spread Bar near an Important Fibo level and No demand showing up at the Fibo level. CastrolInd is a stock to watch for Sept Series ass below 412 it will show sign of weakness for a good downtrend. and above 436 if demand resumes it can start to trend higher.

Aggressive positional will short @ CMP 425 or at better level with SL 436 For 412-402-379
Conservative below 412

Long positions only above 436 if demand is seen.

Lot size 1400

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