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yossarian121
Oct 29, 2018 11:19 AM

Colgate(I)-W-Bounced off trendline, if held, new highs are on Long

COLGATE-PALM (IND)NSE

Description

Trendline support. Cheap valuations vs the sector. Improving nos. post the patanjali intrusion

Comment

Stock has been very quite - trading a 20-30 points range for the last 7 days. An NR7 or NR4 can come into play monday.

Comment

Volatility has absolutely died on this one. Last 11 trading days within a 3-4% range. Unsustainable - expect a trending move soon. (could be either ways)
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