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.
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