Colgate Palm rectangle breakout Short Term Trade
Previously it had given a trendline breakout and since then there has been a bullish momentum in this stock
On 2 hrly chart , a rectangular consolidation was formed
and now there is a breakout with good volume
ATR is rising since the breakout
Target and SL are marked on the chart
On 2 hrly chart , a rectangular consolidation was formed
and now there is a breakout with good volume
ATR is rising since the breakout
Target and SL are marked on the chart
Trade closed: target reached
5-6 % profit reached
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