Colgate
Simple Trade Setup | COLPAL | 10-01-2022 [ INTRADAY]NSE:COLPAL
Trade Setup for 10-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Colgate Palmolive (India) Ltd - 07.01.2022Colgate Palmolive (India) Ltd - 07.01.2022
The stock is trading @ 1470 levels
The prices are at EMA
The prices are at Support Zone
There is a SPINNING TOP in daily chart
There is a HAMMER in weekly chart
There is a Resistance Zone @ 1480 levels
Let the prices go above 1495
Watch out for the price action
Simple Trade Setup | COLPAL | 03-01-2022 [INTRADAY]NSE:COLPAL
Observations:
1) On 1 day time frame, it is just below 50DMA and gave good up move after trading for few days above 21DMA.
if it trades above 50DMA then it will make a good up move.
50DMA is immediate resistance.
50DMA is placed at 1482.39. So we can say 1480-1485 will be resistance zone.
21DMA is placed at 1448.36. So we can say 1445-1450 will be support zone.
Also it came out from the range of 1415-1475.
Please refer below chart : 1 day Time Frame.
2) On 1hr time frame, we can see support channel.
Please refer below chart : 1hr Time Frame.
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Trade Setup for Date: 03-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | COLPAL | 23-11-2021 [ INTRADAY]NSE:COLPAL
Trade Setup for Date: 23-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | COLPAL | 20-09-2021 [INTRADAY]NSE:COLPAL
Observations:
1)On Daily Time frame: After breaking rounding bottom pattern, we can see that it has been trading and keep on taking support from neckline and critical zone of 1710-1720.
Please refer below chart : Daily time frame.
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Trade Setup for Date 20-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.
Simple Trade Setup | COLPAL | 08-09-2021NSE:COLPAL
Observations:
1)On daily time frame, yesterday 06-09-2021, it closed with bearish candle just above 50DMA and today 07-09-2021, it took support from 50 DMA and made bullish candle.
Only one negative thing is that it couldn't closed above yesterday's high.
Please refer below chart : Daily time frame.
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Trade Setup for Date 08-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | COLPAL | 06-09-2021NSE:COLPAL
Observations:
1)On Daily Time frame In past days it has already broken 21DMA and 50DMA and trading above it. Recently it is now in the critical zone of 1720-1730 level range.
In order to be it more bullish it has to surpass the immediate resistance of 1740 level with strong bullish candle.
Please refer below chart : Daily time frame.
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Trade Setup for Date 06-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | COLPAL | 23-08-2021NSE:COLPAL
Observations:
1) On Daily Time frame, it is holding it above 100DMA.
Please refer Chart below: Daily time frame.
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Trade Setup for Date 23-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) If you know scalping then you can do between 1700 to 1670 levels. Good upmove will be only on breakout of 1700 level or if it takes support from 1700 level.
3) If it faces resistance from 1700 level then it will be short trade entry.
4) Everything is mentioned on the chart. I hope it is easy to understand.
5) All the levels will work as support, resistance, entry and target w.r.t price action working near that level tomorrow.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
BONUS TARGET ACHIEVED | TRADE SETUP FOR 30-07-2021 | COLPALNSE:COLPAL
It was a huge selling in COLPAL, due to result day today. It went down to test it bottom. Hope you had good sell trade. Both the pre-decided target achieved easily. As well as there were two bonus target, but most of might have get the one bonus target as well.
Simple trade setup for 30-07-2021
Since it has history as once it test the bottom and gets support it will recover all the down fall in couple of days.
Better to avoid intraday trading in the range marked on the chart. Only take the trade from the levels.
Do comment if you have any doubt or suggestion. I will try to respond ASAP .
Also do comment if my ideas are helping you to understand the trade setup, price levels and getting the trade in real market.
colpal colgate palm BEARISHCatching the pattern before it is formed is of key importance if you trade on technical analysis!
Descending triangle and head and shoulder in 15 min time frame
plus
inverted head and shoulder in longer time frame
these gives multiple confirmation for the short signal on colpal
History Repeats... Live ExampleI'm very excited to share this analysis with you all. Colgate-Palmolive (India) Ltd chart's just made me speechless.
This is weekly timeframe.
I have heard many time in market that history repeats.
And today I witnessed it as I found this.
Same pattern, same formation of trend line,
multiple time "U" shape formations.
The pattern, previous time it took around 2 and half yr..
But this it just one year..
Let's see now how it goes further.
Very excited to watch it's moves.
Every single candlestick trys to say you something, you just need to learn to listen it.
Learning is Earning.
This is not a call, its just for educational purpose.
I like to share like this content and will continue to share my analysis and charts.
colgate is ready to shinecolagte support and resistance level mark on chart last trading shows volume breakout if sustain near two target is not too far.
strategy which can give you no loss, profit you can maximise
sell 1500 put @12
sell 1680 call @13
one lot 350
total gain 13+12=25 points
min 1 lot =350x25=8750
comments welcome , suggestion welcome, discussion welcome, mcpriceaction is everwhere
Stock Analysis of Colgate-PalmPrice -1592.10 Dt. - 07-01-2021
Stock is moving in an uptrend from late September and provided roughly 10% profit every month. The stock has given the closing below the resistance line of 1597.10. We are expecting the stock to take the support of 21DEMA and start moving up. RSI is neutral. If stock starts moving up from the next trading session can it can go near to the all the all-time high.






















