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maheshmj007

Colpal looks bullish

Long
COLGATE-PALM (IND) (NSE:COLPAL)  
maheshmj007  
NSE:COLPAL   COLGATE-PALM (IND)
Trend Analysis Fundamental Analysis COLPAL
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trendanalysis fundamental colpal
RSI is in highly overbought region ( below covid levels) and looking for bounce from long term trend line around 1500 levels shown in chart.
Stock is fundamentally strong and a monopoly, had slight dip in profitability due to high commodity prices.
Target for next few months
Target 1: 1633
Target 2: 1800

Happy trading
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