18 June 2009

CASTROL TARGET 490-500


CASTROL brokeout hugely from an ascending triangle pattern with high volumes. Moreover it brokeout on a day when the SENSEX dropped nearly 500 points and all the other biggies were running for covers. The stock looks very bullish for medim to long term. It would be a good buy around 340 to 360 for target above 500. For more details please click on the chart.

No comments: