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COLGATE-PALMOLIVE (INDIA) LTD.COLGATE-PALMOLIVE (INDIA) LTD.COLGATE-PALMOLIVE (INDIA) LTD.

COLGATE-PALMOLIVE (INDIA) LTD.

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COLPAL trade ideas

COLPAL VIEW - CONTINUATION 🎯🎯🎯IN MY PREVIOUS SHARED IDEA WE COULD CATCH THE MOVE FROM 1535 TILL 1560 WHICH WAS THE TARGET LEVEL GIVEN FOR NOW IT HAS MOVED BEYOND TARGET LEVEL CMP @ 1570 +++ WHAT NOW FROM HERE ??? PERSONAL VIEW:- ON DAILY CHART, SCRIPT IS RUNNING @ TOP OF A TREND LINE WHICH HAS BEEN TESTED MANY TIMES AND NOT BREACHED SINCE MAY'20 LOOKING @ THE CURRENT MOMENTUM THERE CAN BE A POSSIBILITY TO BREAK THE TREND LINE AND GO FURTHER UP OR A DIP BACK TO OLD ENTRY LEVEL POINTS TO BE CONSIDERED :- >>> LOOKING @ MOVING AVG'S - SCRIPT IS FAR AWAY FROM 20, 50, 200 MA - BREAKOUT FAR AWAY HAS MORE STRENGTH >>> VOLUME PART AS OF NOW HAS THOUGH NOT BEEN GREAT WHICH CUD HAD BEEN A GREAT FACTOR >>> OSCILLATORS OVERALL ARE NEUTRAL PIVOT LEVEL SUGGESTION :> RESISTANCE 1 = 1570 RESISTANCE 2 = 1625 RESISTANCE 3 = 1745 PIVOT = 1522 SUPPORT 1 = 1460 SUPPORT 2 = 1410 SUPPORT 3 = 1300 TRADE SUGGESTION :- * BUY ON BREAKOUT KEEPING ABOVE PIVOTS IN MIND * WAIT FOR A DIP BACK TO 1520-1535 TO ENTER ***DISCLAIMER - FOR STUDY PURPOSE ONLY*** BELOW IS OLD IDEA POSE FOR REFERENCE >>>>>
NSE:COLPAL
by sankhyainvestments
2