Well, we are not talking of companies selling petrol or diesel but we are referring to lubricant industry stock which is a household name and the stock has given a breakout and it is worth adding this stock for long term investment in your portfolio. However, a caveat attached to it is that auto industry is presently going through a slow down which means that stock may need to be held with a long term perspective only.
Have a look at the stock chart of Castrol Industries which is looking good and can target 160,175,200 levels if held for some time in your portfolio. The stock can be held in portfolio with a stop loss of 129. Our clients using our best stocks for investing long term are already raking profit in the stock as they are able to enter in the stock slightly early before we let it known to the whole world as those who pay deserves good results. Moreover, our day trading tips clients have at one or the other stage have benefitted in this stock movement.