Castrol India (₹144.5): Buy

The stock of Castrol India jumped 7.8 per cent accompanied by above average volume on Thursday, decisively breaking above a key medium-term resistance at ₹137. Investors with a short-term view can consider buying the stock at current levels as the outlook is bullish.

Over the last one week, there has been an increase in daily volume. Short-term outlook is bullish. Targets are ₹150.5 and ₹153.5. Stop-loss can be placed at ₹141.