BEST FOR UPTO 6 MONTHS HOLDING. stock is at yearly support level . SL : 1450 Target: 1800 duration : 4-6 Months
In Daily chart if ColPal stock is giving breakout with good amount of volume above 1542.80 then I strongly feel it will go up to next résistance which is 1637.75 then you can either book profit or partial book or pump a bit more risk. Note: I'm new to technical analysis, do your own math. I'm open to new ideas and flaws in my analysis, so please do comment and...
RSI is in highly overbought region ( below covid levels) and looking for bounce from long term trend line around 1500 levels shown in chart. Stock is fundamentally strong and a monopoly, had slight dip in profitability due to high commodity prices. Target for next few months Target 1: 1633 Target 2: 1800 Happy trading
Colpal => In Daily time frame, a cup and handle pattern seen and soon to give a Breakout.
NSE:COLPAL I am posting this on request from a follower on Twitter. Observations: 1) On 1 Day time frame, we can see after long downfall it stopped at 400DMA and took support from it. 400DMA is last major support of any stock. Currently it is placed at 1527.49 level. So we can say 1500-1530 level is critical support zone. Immediate resistance is at 1575...
NSE:COLPAL #COLPAL broken its support 1630 levels and reached to next support @ 1590 levels Sustaining above the level give good momentum. SL 1560 for Long Post Confirmation one can try 1600 CE with the SL mentioned above. Happy Trading !!
Symmetrical triangle firmed and ema supporting price and consolidation going on, it will blast in coming days.
The 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.
Colpal is looking good in coming session. Disclaimer- Only for educational purpose.
colpal chart analysis for intraday and swing trading
Bullish buildup happened in COLPAL ready for take long position.
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. ------------------------------------- Trade Setup for Date 20-09-2021: 1) Don't Jump in to trade at the...
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
Colpal Watchout for Breakout Above 1745 Buy with SL of 1700
NSE: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. ------------------------------------- ...
NSE: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. ...
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...