based on W pattern formation entry for buyers possible here @ 1535-30 level for target 1560 + stop as comfort supporting points >>> RSI consistently showing bullish momentum >>> resistance line 1535 possible break for next upmove disclaimer - join your own study to enter trade.
Long COLPAL at PoC - 1438 SL - Exit if day's close below 1405
Colpal looking good at current level to buy for swing for the target of 1643 Formed a good base at 1465 SL to maintain at 1480 Keep trailing Sl as it moves in your direction Note : This idea is for only educational purpose
After the breakout of the downtrend parallel channel, COLPAL made retracement 38.2% of the Fibonacci level. Once it breakout the resistance level of 1510 then we will get next projected target of 1560+. Possible Trade: Buy COLPAL Above 1510 Stop loss 1494 Target 1560+
COLPAL- Flag & Pole Pattern If breaking the trendline, we may see the level of Resistance around 1510-1540 On Downside Support around 1450-1434 in short term. ... If you like, just hit the thumbs-up button or comment and share. . Updated on : 05-NOV-2020 6.00pm Disclaimer: Only for learning purposes.
Good accumulation at lower levels. Such areas of accumulation should hold.
As B wave fail to retrace wave A more than 61.8 %..we can say it is Zigzag. purpul color. Contracting triangle formed in wave B...BD line of contracting triangle was broken voilently.... upward move is started .. minimum target is 1691...then 1878 in coming few weeks
Colgate Palmolive looks good to buy at levels marked in the chart. Our view is for investment for around a year. Views only for educational purposes.
Swing / Intraday Setup: Looks good above 1490 with confirmation on 15 mins candle for 1515/1540/1565. Enter with SL of 1470 for swing and 1480 for intraday. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Colgate Palmolive (COLPAL) may give handsome return if closes above 1450 with Stop Loss of 1400. 1st Target 1500 2nd 1600++
SELL below 1439 TGT 1437-1435-1430 SL 1448
Whenever we see a triangle pattern, wait for the breakout of any-side for a potential trade setup , Triangle gives less risk to reward and 90% of the time ...price continues in the breakout direction.
Colpal managed to close above 200 dma in previous day session, respected its demand zone 1350-1360. If breaks 1400 and sustained its a good buy for swing as well as in intraday.