colpal breakout with volumecolpal given volume breakout above 1665...
above 1665 may target1700++
levels to watch 1665-1681--1702-1710
COLPAL trade ideas
Colgate Palmolive ColPal , 4hr demand , good for Swing Trading1 Price is in daily demand as well as in 4hrs demand
2 There is a Positive Divergence (Probable price reversal)
3 Price is Daily and 4 hr demand , since Price is making Lower Low but Rsi is showing Upward Momentum
Happy Trading
NR4 in colpalnr4 candle is formed near support area on weekly cha. breakout will be confirmed if candle closes above 1668 on daily chart. if closes below 1625 it will be a bearish signal.
COLPAL... ACCUMULATE FOR LONGTERMSupply zone- A price area where is strong selling interest. The supply is more than demand.
Demand zone- A price area where there is huge buying interest. Demand is more than the supply.
When the supply zone is broken out it turns into a demand zone.
COLPAL is at a good entry point. Can accumulate from 1600 to 1650 levels for the long term.
Just doing a study on colgate ! Should take a reverse from here?Keeping it on radar for a long time. Looks good . Suggestions please!!!
colpal converting resistance to support reversal in action ,
a wonderful support that was created in year and its time to stand on that resitance
COLPAL BULLISH HARMONICSBULLISH HARMONIC AND TREND LINE SUPPORT
TRY TO BUY ON DIPS 1634.6 POSSIBLE REVERSAL NUMBER
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Pullback Possible towards 1780++Buy @cmp - 1670
Target - 1780++++
SL - < 1610
Trying to pullback from the support. If it forms positive candle, then can take the position.
[ Positional ] COLPAL Long Trade
r : R ratio is 1 : 2
Rest as per CHarts
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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COLPAL - Price and Trend SetupCOLPAL is in raising trendline channel joining recent high and lows to March 2020 significant low. Long entry can be considered with nearest support as SL zone.
BONUS TARGET ACHIEVED | TRADE SETUP FOR 30-07-2021 | COLPALNSE:COLPAL
It was a huge selling in COLPAL, due to result day today. It went down to test it bottom. Hope you had good sell trade. Both the pre-decided target achieved easily. As well as there were two bonus target, but most of might have get the one bonus target as well.
Simple trade setup for 30-07-2021
Since it has history as once it test the bottom and gets support it will recover all the down fall in couple of days.
Better to avoid intraday trading in the range marked on the chart. Only take the trade from the levels.
Do comment if you have any doubt or suggestion. I will try to respond ASAP .
Also do comment if my ideas are helping you to understand the trade setup, price levels and getting the trade in real market.
Simple Intraday Trade Setup for 29-07-2021 | COLPALNSE:COLPAL
Very Simple Intraday Trade setup for COLPAL.
Buy above 1800. Targets are given on charts.
Sell below 1780. Targets are given on charts.
ascending triangle formation in colpalI am a novice on this platform trying to draw trendlines, I will appreciate your valuable comments, please let me know, is it the right way to draw trendlines.
COLPALBuy above 1730 with the stop loss of 1710. Targets are 1752, 1776 and 1798.
Sell below 1710 with the stop loss of 1730. Targets are 1690, 1664 and 1648.
colpal colgate palm BEARISHCatching the pattern before it is formed is of key importance if you trade on technical analysis!
Descending triangle and head and shoulder in 15 min time frame
plus
inverted head and shoulder in longer time frame
these gives multiple confirmation for the short signal on colpal
COLPAL - LOOKS GOOD TO GO LONG T1: 1800, T2: 1880 SL: 1680COLPAL trading in the range from several weeks, yesterday closed above the range with good volumes.. It could potentially give breakout in the upside direction. CMP is 1740, T1 is 1800 and T2 is 1880. Qty should be managed as per SL and max risk.
PS: the trade idea is purely for educational purpose, I am not a sebi registered advisor and not responsible for the trade outcome. Make your own decision if you are looking into this idea.
