Long Colpal above 1550 for the target price of 1632 with the SL of 1495. Watch stock is trading in the support & resistance zone for long time. once again we expected to take long entry at the support level & above the 20 EMA. Also RSI is forming +ve divergence. This is for your educational purpose only.
Levels are mentioned on the chart. This is for learning and sharing purposes only. Not a bit of trading advice. Please comment with your views.
Date: 19 Feb 2021 Colgate Palmolive is looking bearish due to the diamond chart pattern formation. The stock may fall by 12% for a target of 1,366. Keep a SL at 1,600.
Intraday trade Buy colpal above 1630 TGT 1633-1637-1645 SL 1618
I used Colgate this morning. This might boost the price of the stock towards 1655/1678/1745 above the resistance i.e 1622. Regards
Colpal making LH and gave support breakdown Retest also done , going below 1547 can be weakness.
Resting at strong support area Can start an uptrend again
Below 1516 SL above 1585 Target 1470-1447-1410 Option 1500 PE above 10.5 SL-5 Target-15-20
COLGATE PALMOLIVE Downtrend Colgate Downtrend, a pullback and downtrend continues, if support area of 1520 will break and stays below, then further downside can be seen upto 1488-1465. And if reverse from this area resistance will be 1568-1595.
Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
Colpal has been consolidating in the range of 1560 - 1585 for the last week and has finally broken out of the range and looks like it might head higher towards 1615/1625 SL can be placed @ 1585 All trading strategies and ideas shared are to be used at your own risk.
itc stock after long consolidation now both as investing and trading front 'ready to SURPRIZE BIGGGG for trading with 193 sl possible 263 target while as investor , 150 sl for 576.30 target in coming 3.5 year frame while 985 in 7/10 year frame ie 3 time from cmp possible in 2027-2030 in ITC BUT IT WONT BE a straight journey ups and downs shall come
IN MY PREVIOUS SHARED IDEA WE COULD CATCH THE MOVE FROM 1535 TILL 1560 WHICH WAS THE TARGET LEVEL GIVEN FOR NOW IT HAS MOVED BEYOND TARGET LEVEL CMP @ 1570 +++ WHAT NOW FROM HERE ??? PERSONAL VIEW:- ON DAILY CHART, SCRIPT IS RUNNING @ TOP OF A TREND LINE WHICH HAS BEEN TESTED MANY TIMES AND NOT BREACHED SINCE MAY'20 LOOKING @ THE CURRENT MOMENTUM THERE CAN BE...
This is only for educational purpose