COLPAL trade ideas
Triangle pattern in COLPALAs we can see on 30 minutes chart of COLPAL , there’s a symmetrical triangle , one can enter on trade on either after breakout or breakdown
$COLPAL - Cup and Handle Breakout- Amazing Breakout pattern - Cup and Handle
- Increase in Volumes with bullish momentum in price
- Entry can be made if it retest the 1680 levels
- Don't chase the stock
COLPAL - CMP: 1596The stock has given a slopping channel breakout with a good delivery volume. RSI indicating continuation of the trend. ADX also indicated strength in a positive trend. We can expect price movement up to 1700 in the near term as a channel target.
Colpal from 30 may 2021The stock has given breakout then --> retest done not much volume but still
small long position can be taken
History Repeats... Live ExampleI'm very excited to share this analysis with you all. Colgate-Palmolive (India) Ltd chart's just made me speechless.
This is weekly timeframe.
I have heard many time in market that history repeats.
And today I witnessed it as I found this.
Same pattern, same formation of trend line,
multiple time "U" shape formations.
The pattern, previous time it took around 2 and half yr..
But this it just one year..
Let's see now how it goes further.
Very excited to watch it's moves.
Every single candlestick trys to say you something, you just need to learn to listen it.
Learning is Earning.
This is not a call, its just for educational purpose.
I like to share like this content and will continue to share my analysis and charts.
I am bullish for COLPALColpal is forming flag and pole pattern in day time frame. Also, formed W pattern in hourly chart and retested the neckline of W pattern. It looks bullish. If the market will be positive this can be good trade.
Buy only above 1725, our immediate target will be 1768 for intraday.
This idea is only for educational purpose. Please trade at your own risk.
Those chart which I have shared till yet all of them were profitable and given good amount of profit. So if you like my idea, please follow, like and comment.
NSE:COLPAL
colgate try to enter near 1680 SL 1660 with target 1860colgate try to enter near 1680 SL 1660 with target 1860
pull back alest...stock re tested the previos resistance
very good candidate for intraday options long tomorrow......
Colgate : Buying opportunity Finally a breakout after 4 rejections
Accumulate 1640 to 1685
Probable level 1900+
Weak below 1605
COLPALNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
[Intraday] Colpal Short Idea Weekend Level 10No PDL break since 10 days. When it does, Be there to short! (with stoploss)
If it does not break PDL, Do not short!
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. Please refer to the link to my footer and explore further if You want.
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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.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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