Colpal about to BreakoutSymmetrical triangle firmed and ema supporting price and consolidation going on, it will blast in coming days.
COLPAL
Multi Retest - COL-PALThe stock has retested the breakout on three occasions. The third retest seems strong as also took the trendline support. Supply seems to be absorbed and stock seems ready for a swing.
I always try and post my stock analysis which offer good R:R. This is one of them. The resistance zone marked can be kept as a SL for gains upto previous swing.
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.
COLPAL TRADE PLAN Levels mentioned on the chart.
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG''
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior at Battle field
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.
ColPal , Long Setup. 60 min Demand Rally Base Rally.Good 60 min demand ,
No good Supply as a hurdle in the Stocks Upward Journey,
On 240min Time frame stock is in UP Trend.
Daily Supply is far away .
a Clean 1:7 RR Setup.
Happy Trading.
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even after a through research and Analysis a setup can fail due to any opposing News on that stock or on its Index and Market Volatility.
Hence ,kindly Take Position as per your Risk Management.
COLPAL Swing Candidate.COLPAL - good candidate to short.
Following parallel channel in Monthly TF.
See chart for more details.
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.
Colgate Near its Supply zone for retestA fundamentally strong stock is up for grabs for a target of 10%. Hold the trade if the trade goes against and add more qty at 1500 level to average out the price. On Weekly and Daily time frame it looks great.
colpal breakout with volumecolpal given volume breakout above 1665...
above 1665 may target1700++
levels to watch 1665-1681--1702-1710
colpal converting resistance to support reversal in action ,
a wonderful support that was created in year and its time to stand on that resitance
Pullback Possible towards 1780++Buy @cmp - 1670
Target - 1780++++
SL - < 1610
Trying to pullback from the support. If it forms positive candle, then can take the position.
COLPAL - Price and Trend SetupCOLPAL is in raising trendline channel joining recent high and lows to March 2020 significant low. Long entry can be considered with nearest support as SL zone.
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.
Simple Intraday Trade Setup for 29-07-2021 | COLPALNSE:COLPAL
Very Simple Intraday Trade setup for COLPAL.
Buy above 1800. Targets are given on charts.
Sell below 1780. Targets are given on charts.
