Colpal is in very important level in a Daily chart?Yet to break imp resistance, if it break with proper candle with volume. then we can see upside movement in coming days.
After the breakout stock can go 1650 first then it will go to 1674 level. stock has a potential to reach 1800 level.
After the breakout previous resistance should turn as support. then we can take entry in retest by keeping sl below 1570.
1470-1480 Will be the strong demand zone.
Wait for the proper breakout to enter with proper Risk Reward.
This is just a view not recommendation to trade. Do your own analysis before taking any trade.
Share your view in comment section.
NSE:COLPAL
COLPAL
Colgate forecast next NSE: COLPAL
Time Frame :- 1 Day
Patterns Name :- Ascending Triangle
Conclusion :-
A Ascending Triangle which is nearly completed now shows some forecasts that could be followed by the market as shown in the Figure
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Based on Your Own Risk this is only to Show you the Current Pattern
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Made By MAYANKTECHRESEARCHING
Colpal: Inverted H&S PatternColpal is making Inverted H&S pattern on 15 min and 1 hour time frame. Last resistance Breakout worked as support next time.
Perfect entry is yet to be triggered at 1572 for easy 1:2 Targets of 1600/1620
DISC: Please consult your advisor before making any bet. This is for educational purposes only.
COLPAL forming bearish flag.COLPAL on a daily time frame is consolidating in a narrow range for last 7 days.
The stock is trading below its 200 DMA and a bearish flag pattern is being formed.
Though, the stock held on to its hourly 200 ema and consolidated in 6-7 point range while day.
Support:- 1500, 1480-85
Resistance:- 1520, 1535
The stock can give a nice move either side.
Wait for the stock to sustain above the levels.
The trade can be intraday or swing.
For carrying the position wait for the day closing.
COLPAL in a consolidation phase.The stock is consolidating in a rectangular box pattern.
Its trading in a narrow range of 70 point for 22 trading days.
Wait for the daily candle close above or below the box.
Support :- 1550, 1490
Resistance :- 1615, 1660
Watch the price movement near the last hour of trading session.
Price action should be watched for a confirm swing trade.
Simple Trade Setup |COLPAL | 02-05-2022 [INTRADAY]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 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.
Colpal Long (14 Mar)Colpal Long (14 Mar)
RSI- 50
we can see support at 200 week EMA
Strong buying with good volumes seen last week
Buy at CMP- 1498
SL- 1390
Target- 1630, 1728 and more
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Simple Trade Setup | COLPAL | 11-04-2022 [INTRADAY]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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Trade Setup for 11-04-2022
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 | 04-04-2022 [INTRADAY]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 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.
Intraday Trade: range breakout done
buy above 1500 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
COLPAL Weekly AnalysisColgate Palmolive (COLPAL) has been trading in a 7-year long parallel channel and is now at the base of the channel. The stock is also trading near its 200 week moving average (green) for the last few weeks. The stock has never fallen below this 200WMA support in its life. As an example, during the Mar'2020 fall, the stock took support at 200WMA and bounced from there. Further, this time around the stock has bounced for second time this week at this 200WMA support.
We can expect this support to hold and build a long position here. A successful reversal may take the stock all the way back to its 1640 resistance zone (highlighted) and possibly beyond. Stop loss below 1375 low.
Simple Trade Setup | COLPAL | 04-02-2022 [INTRADAY]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 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 | 28-01-2022 [INTRADAY]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.
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Trade Setup for 28-01-2022
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.
COLPALNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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