COLPAL in a consolidation phase.

The stock is consolidating in a rectangular box pattern.

Its trading in a narrow range of 70 point for 22 trading days.

Wait for the daily candle close above or below the box.

Support :- 1550, 1490
Resistance :- 1615, 1660

Watch the price movement near the last hour of trading session.

Price action should be watched for a confirm swing trade.


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