CASTROLIND - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.6

📊 Intraday Trading Analysis — CASTROLIND

CASTROLIND presents a mixed setup for intraday trading today. While its fundamentals are strong, technical indicators and volume dynamics suggest caution.

✅ Strengths

Strong Fundamentals

ROCE (55.2%) and ROE (41.8%) are excellent — efficient capital use.

Dividend yield of 4.18% adds investor appeal.

Debt-to-equity of 0.04 — nearly debt-free.

Stable Earnings

PAT growth is modest but consistent (₹244 Cr vs ₹233 Cr).

Valuation

P/E of 21.0 is reasonable compared to industry average (18.8), and PEG of 3.17 is acceptable.

⚠️ Weaknesses

Momentum Indicators

RSI at 49.3 — neutral, no clear trend.

MACD at -2.29 — bearish crossover, signaling weakness.

Volume Drop

Current volume (11.4L) is below 1-week average (23.8L), suggesting fading interest.

Price Action

Trading below both 50-DMA (₹207) and 200-DMA (₹210) — short-term and medium-term bearish bias.

🎯 Intraday Strategy

🔽 Optimal Buy Zone

Entry Range: ₹198–₹200

Trigger: Only if price reclaims ₹202 with volume >15L in first half of session

📈 Profit-Taking Levels

Target 1: ₹207 — near 50-DMA resistance

Target 2: ₹210 — 200-DMA ceiling

🛑 Stop-Loss

₹195 — below recent support and psychological level

🕒 If You Already Hold Today

🔄 Exit on Weakness

Price fails to hold ₹200 and MACD continues to diverge negatively

RSI drops below 45 with declining volume

🚀 Exit on Strength

Price breaks ₹207 with RSI >55 and volume >20L

MACD histogram flattens or turns positive — momentum reversal

This stock is better suited for range-bound scalping than aggressive breakout trades today. Want help setting up alerts or a trailing stop strategy for CASTROLIND? I’ve got you covered.

Sources

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bing.com

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in.tradingview.com

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trendlyne.com

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justticks.in

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