iamrk7

Colpal Double Top Breakdown: Navigating Short Positions

Short
iamrk7 Updated   
NSE:COLPAL   COLGATE-PALM (IND)
Colpal broke the neckline following the formation of a double top, signaling a potential bearish trend. We've initiated short positions based on this pattern.
Please note, that the provided chart includes details such as entry points, stop-loss levels, re-test zone, and target levels.

However, trading involves risks, and these are speculative predictions. It's crucial to conduct thorough research, consider your risk tolerance, and, if necessary, consult with a financial advisor before making any trading decisions. The market is dynamic, and outcomes may vary. Trade responsibly.
Comment:
Colpal Hits Target One: Consider some Booking Profits at This Milestone

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.