#Colpal has been testing 200 EMA on weekly timeframe since it's inception and always bounces back, there's no reason this time should be any different. One can accumulate it here and for new ATH. This is not a momentum trade and it will take probably few weeks for uptrend to resume, till then accumulate. If Weekly closing is given below 200 EMA and low of that...
I'm Gonna Catch This Swing Trade. But Wait For Confirmation, Just Like Me. Go With Your Proper Risk & Reward Ration Management.
I will buy COLPAL because : It has been taking support at the trend line . It has been consolidating and give big move soon. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 1459 Target : 1700/1800 Stop loss : 1400
Colpal is near imp support zone. this 100 point zone defined next few weeks of run up.
In daily DEMAND ZONE a doji candle formed with high volume. Can be bought around 1460-1490 with a Stoploss of 1450 for Target of 1550, 1600, 1650. Enter after break of pdh of 1483.
Buy near to 1400 SL 1350 Target open Its trend last few weeks so don't miss this opportunity.
Colpal looking good structure Wait for breackout it can give a good move This is only fr education purpose🙂
This is for educational purpose. trade as per your risk. COLPAL bullish view for December
Buy above 1491 only at 1493 SL - 1464 Target 1 = 1550 Target 2 = 1630
Colgate Palmolive come down to its support zone as drawn on chart, buyers could take control from here
this is good risk reward consider buying here. CMP is very attractive. PE at 37
A positive RSI divergence seeing in Colpal & also making a doji candle. Today's candle close above doji. Stock may bounce upto 1550 level.sl below doji.This example is just for study and learning purpose.
it has trend line and support resistance at current price
RULES TO KEEP IN MIND:- A visible uptrend must take place before the diamond top formation. The diamond top formation must be well stated with four trend lines that links to each other. They should not be far apart from one another. Place a sell order at the market after a break and close beneath the uptrend close to the finishing of the pattern. Traders often...
NSE:COLPAL Trade Setup for Date: 23-11-2021 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. 4) Avoid gap...
Buy COLPAL At 1535-1530 Stop Loss - 1495 Target - 1565, 1600, 1640 Time - 20 Days (By Nov END)
Breakdown in colpal.. very bearish... even if pullback that will be good only for shorts untill trend changes
NSE:COLPAL Major Support can be seen here: 1475 (If sustained good upward movement can be seen. * 20 days SMA has become a good resistance * Selling Volume is declining ---> Look for Opportunity