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Colgatepalmolive

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. ------------------------------------- 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.
NSE:COLPAL
by Trading_hawk
6
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. ------------------------------------- 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.
NSE:COLPAL
by Trading_hawk
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. ------------------------------------- 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.
NSE:COLPAL
by Trading_hawk
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.
NSE:COLPALShort
by Trading_hawk
8