Hii All,
Colgate has given a good breakout.
Next Easy targets could be
1. 1654
2. 1680
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and...
Colpal near it's support zone and expecting a bounce towards white marked targets on the chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
COLGATE-PALM ANALYSIS
Time Frame Analysis:
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Monthly: If the Previous low (1547.05) is taken out then we can yes Downtrend begins.
Weekly: Downtrend
Daily: Downtrend
Pattern:
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Monthly: Symmeterric Pattern.
Daily: Ascending Pattern.
Price & Volume relation:
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Volume is supporting on Daily, Weekly & but on Monthly...
