starktrade04

Swing Trading Opportunity in Col-Pal

Long
NSE:COLPAL   COLGATE-PALM (IND)
After giving good breakout of 1640-1680 Resistance zone, Col-Pal is retesting this zone for the 2nd time. But even after huge sell-off, price is sustaining and forming double bottom at the Support Zone. Price is also taking Support at 40 RSI and 50% Fib level. If Daily candle closing above 1680, we can initiate buy for Target of previous swing high of 1820 and Stoploss of 1620.
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