Trading_hawk

BONUS TARGET ACHIEVED | TRADE SETUP FOR 30-07-2021 | COLPAL

Short
NSE:COLPAL   COLGATE-PALM (IND)
COLPAL

It was a huge selling in COLPAL, due to result day today. It went down to test it bottom. Hope you had good sell trade. Both the pre-decided target achieved easily. As well as there were two bonus target, but most of might have get the one bonus target as well.

Simple trade setup for 30-07-2021

Since it has history as once it test the bottom and gets support it will recover all the down fall in couple of days.
Better to avoid intraday trading in the range marked on the chart. Only take the trade from the levels.

Do comment if you have any doubt or suggestion. I will try to respond ASAP .

Also do comment if my ideas are helping you to understand the trade setup, price levels and getting the trade in real market.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.