sankarghatak
Short

COLPAL: Loosing Ground, formed BEARISH Gartley in Wly & Dly

NSE:COLPAL   COLGATE-PALM (IND)
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In Weekly Chart (Shown here) Point B = 0.788 XA.
Point C = 0.762 AB & so on....
In Daily Chart same Happened.
Can See By Changing the Interval to 1D.

Also Many of the Lead indicators & Oscillators Shows -VE Divergence.
May 08
Trade active: Such a +VE market
As Mentioned COLPAL (-2.65%) made A LOW @ 980.70
Nearer to 0.382 Fib Support @ 976.5 Level.
Watch @ 954.55 (0.50 Fib Support) & @ 932.5 (0.382 Fib Support)
Close Trade in between two levels.
Can Re-Enter @ 932.5 (0.382 Fib Support), keeping SL: @ 915- (By Closing)

Comments

good analysis
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