Kunal-Battu

BULLISH on COLPAL

Long
Kunal-Battu Updated   
NSE:COLPAL   COLGATE-PALM (IND)
COLPAL

The prices have given breakout from the Triangle pattern. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. There is also good volume during breakout. This view is for 1 to 6 months. The Targets and SL are given on the charts.

Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Trade closed manually:
Booked Loss. The Price came inside the channel pattern, failing the breakout. MACD also gave sell Signal.
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