📌 Chart Insights:
Castrol India has just broken out of a falling wedge pattern, signaling a strong bullish momentum. What makes this breakout more convincing is the huge volume spike, confirming the presence of institutional or smart money.
🧠 Technical Highlights:
Pattern: Falling Wedge Breakout
Breakout Volume: 16M+ — highest in weeks ✅
Previous Resistance (₹204) now acting as support
🧭 Final Thoughts:
This setup looks technically strong for swing traders and positional holders. As long as the price holds above ₹204 with continued volume support, upside towards ₹240–245 looks likely in the near term.
Castrol India has just broken out of a falling wedge pattern, signaling a strong bullish momentum. What makes this breakout more convincing is the huge volume spike, confirming the presence of institutional or smart money.
🧠 Technical Highlights:
Pattern: Falling Wedge Breakout
Breakout Volume: 16M+ — highest in weeks ✅
Previous Resistance (₹204) now acting as support
🧭 Final Thoughts:
This setup looks technically strong for swing traders and positional holders. As long as the price holds above ₹204 with continued volume support, upside towards ₹240–245 looks likely in the near term.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.