Attached: COLPAL/ NIFTY 50 Daily Chart as of 11th May 2023
The above Ratio Chart shows a Classic Bull Flag Setup within an Inverted Head & Shoulders Pattern. This is Bullish Evidence in favor of the Ratio Rallying Upwards
They say Buy Strength and Sell Weakness
Therefore this makes NSE:COLPAL a BUY given its Potential to Outperform!
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...
This is simple Monthly Chart of COLGATE PALMOLIVE (COLPAL) and it is respecting the trendline and the resistance line, thus in a UPTREND CHANNEL since 2009.
Long term trend always prevails in the market, Even if someone is stuck in a stock at wrong time but if its longer trend is in uptrend there are high chances that it will recover some day.
High time frame...
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...
NSE:COLPAL
Trade Setup for 02-05-2022
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...
NSE:COLPAL
Observations:
1) On 15min time frame, we can see it in support channel as well as near the 1550-1560 support zone. If it sustain above it and takes support from it then we can see a pull back on up side but breakdown of both can lead more selling in it.
Please refer below chart : 15min time frame.
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...
NSE:COLPAL
Observations:
1) On 1 day time frame it has formed rounding bottom pattern.
Please refer below chart : 1day time frame.
Sustainable breakout of 1560 will be buy entry.
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Trade Setup for 04-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and...
Colgate-Palmolive (India) -
1. Has been following up trend line since 2009 as visible in the chart.
2. Expected to follow the trend line.
3. Entry - for long term some part can be added at current levels. Major buying can be done when price breaks the trend line in DAILY time frame but reverses and closes above it. Entry on high break of this candle.
NSE:COLPAL
Observations:
1) On 1 day time frame, it made rounding bottom pattern. Resistance range is 1480-85 level.
Please refer below chart : 1day Time Frame.
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Trade Setup for 04-02-2022
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...
NSE:COLPAL
Observations:
1) On 15 min time frame we can see it is in falling channel. If it gives breakout above this channel then we can see a good up move. If it open gap up above this channel then better to avoid. Let it test the channel for support then if it gets support then it will be buy trade.
Please refer below chart : 15 min Time Frame. ...
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...
Colgate 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
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...
COLPAL on begenning WAVE 3.
NEVER EVER MISS this wave..
Colgate-Palmolive products are trusted by millions around the globe to care for their families and homes.
![COLPAL: Simple Trade Setup |COLPAL | 02-05-2022 [INTRADAY]](https://s3.tradingview.com/a/agSVtrWe_mid.png "Simple Trade Setup |COLPAL | 02-05-2022 [INTRADAY]")
![COLPAL: Simple Trade Setup | COLPAL | 11-04-2022 [INTRADAY]](https://s3.tradingview.com/l/LWCU1gSY_mid.png "Simple Trade Setup | COLPAL | 11-04-2022 [INTRADAY]")
![COLPAL: Simple Trade Setup | COLPAL | 04-04-2022 [INTRADAY]](https://s3.tradingview.com/n/NC57HhTh_mid.png "Simple Trade Setup | COLPAL | 04-04-2022 [INTRADAY]")
![COLPAL: Simple Trade Setup | COLPAL | 04-02-2022 [INTRADAY]](https://s3.tradingview.com/q/QJSnWvbp_mid.png "Simple Trade Setup | COLPAL | 04-02-2022 [INTRADAY]")
![COLPAL: Simple Trade Setup | COLPAL | 28-01-2022 [INTRADAY]](https://s3.tradingview.com/e/eGDNxwGw_mid.png "Simple Trade Setup | COLPAL | 28-01-2022 [INTRADAY]")
![COLPAL: Simple Trade Setup | COLPAL | 10-01-2022 [ INTRADAY]](https://s3.tradingview.com/x/xdV0zEsO_mid.png "Simple Trade Setup | COLPAL | 10-01-2022 [ INTRADAY]")
![COLPAL: Simple Trade Setup | COLPAL | 03-01-2022 [INTRADAY]](https://s3.tradingview.com/n/nikNHMKU_mid.png "Simple Trade Setup | COLPAL | 03-01-2022 [INTRADAY]")
