Your Love is your Balance Sheet

Your Love is your Balance Sheet The Birth is your Opening Balance Your Death is our Closing Balance Your Ideas are your Assets Your Views are your Liabilities Your Happiness is your Profits Your Sorrows are your Losses Your Soul is your Goodwill Your Heart is your Fixed Asset Your Duties are your Outstanding Expenses Your Friendshipis your Hidden Adjustment Your Character is your Capital Your Knowledge is your Investments Your Patience is your Interest Your Mind is your Bank Balance Your Thinking is your Current Account Your Behavior is your Journal Entry Bad Things you should always Depreciate and lastly Your Love is your Balance Sheet...

This is what . . .

THIS IS WHAT  SORRY  LOOKS LIKE.  This is what  tired  looks like.  This is what  bad spelling  looks like..  This is what  intimacy  looks like.  This is what  courage  looks like.  This is what  'good grief!!'  looks like.  This is what your  tax dollars  look like.  This is what  'I can wait'  looks like.  This is what a  helping hand  looks like  This is what  cold  looks like.  This is what a  bad mood  looks like.  It doesn't matter how many people you send this to. Just remember if it made you smile, your friends will smile too!  __,_._,___ -- If you have faith in all the three hundred and thirty millions of your mythological gods, … and still have no faith in yourselves, there is no salvation for you. Have faith in yourselves, and stand up on that faith and be strong; that is what we need. Swami Vivekananda.

RECOMMANDATIONS Castrol India

Castrol India 

Buy 539                 SL 495                             TGT  595


Company Description 

Castrol India Limited is an India-based company engaged in lubricants
business. The Company is organized into two business segments:
Automotive and Non-Automotive. The Company’s brands include Castrol
EDGE, which is used by racing teams; Castrol GTX, which is a flagship
brand in the passenger car engine oil segment with  sludgebuster
proposition; Castrol Activ, which is the Company's  lead brand for twowheelers with part-synthetic formulation, and Castrol CRB Turbo, diesel
engine oil for trucks. The Company has launched bp vanellus tractor, which
is a diesel engine oil launched for Swaraj tractors. It has upgraded its lead
brand in the diesel oil category, Castrol CRB, to include synthetic
technology. The Company is also engaged in industrial lubricants and
services business, and marine and energy lubricants business. Castrol
Offshore is a vendor for Indian drilling companies.


Castrol’s key strength lies in the company’s consistent technological
upgradation. The company has been launching four or five products every
year to keep pace with the changing technology, emission norms and
consumer needs. The emergence of small low-cost cars, multiple car
ownership coupled with improved infrastructure will help increase the car
ownership rates in India. The boom in the automobile sector provides the company’s lubricants a
large potential market to tap. The entry of new original equipment
manufacturers (OEMs) offering new technology vehicles will provide
additional opportunities for the company’s products. Lube consumption is
projected to grow strongly in cars, four-stroke bikes, as well as building and
construction equipment segments. With a large chunk of Castrol’s sales
coming from the replacement market the lower contribution from OEMs
should not have a significant impact on volumes

Concern:
 Any spurt in base oil prices could increase the cost for material
which could impact the margins of the company.


   
Technical Comments 

Stock is showing strength making Bullish Inverse Head & Shoulder and
Break-out above Rs.557 would take the stock to Rs.640-657 levels in near
term. Stock trades above all major moving averages with 20DMA Rs.499,
100DMA Rs.457 & 200DMA Rs.461.