ColpalPlease follow the charts...
My view : Bullish...
Based on the fib i drew line...
Please play accordingly as per nifty movement...
Do your own analysis....
COLPAL
COLPAL Daily Analysis 15 April 2020Delivery Volume Increasing.
Overhead Supply Zone @ 1455.
Bounced From Demand Zone @ 1110.
Price abv 50&200D EMA
Now taking Support @ 50% Fibo Level
Inverted Bearish Cup and Handle It has formed an inverted bearish Cup and Handle. Of course, handle is still in the making. This chart pattern tends to trigger a bearish price movement. A limited fall in price up to 1450 is expected. This is based on depth of a cup. If you plot daily trading volume from 10th Jan to 22nd Jan then it supports or confirm the chart pattern.
Falling or Bearish Flag Pattern? Can someone please confirm? Price has steadily fallen from the high. Since 2nd Dec 19, price has been moving sideways. Height of pole and length of flag are unusual. Hence, can someone please validate price movement as bearish flag pattern? What the current consolidation does offer? Trading volume is below its 5 and 20 days EMA
COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1525COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1525
COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1505COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1505
COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1440COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1440
FMCG index structure of fmcg gap , support , resistance , parallel channel all been shown in the chart
BRITANNIA
ITC
HUL
COLPAL
DABUR
CHECK ALL OUT
COLPAL Short Setup [Intraday]NSE:COLPAL Short at 1322.20 with SL 1330.70 and TP 1305.20
Note:
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
