COLPAL trade ideas
Colpal : Looking good for Buying above 1540Colpal 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
COLPAL enjoying with IchimokuGreetings Traders,
Previously, the TENKEN and KIJUN crossed giving a strong buying signal.
Both are moving upwards to the cloud.
Price and TEN-KIJ are syncing!
The price movement will make a new high and will give another strong buying signal.
COLPAL - 1D TF - Cup & HandleCup & Handle pattern forming on Daily Chart of COLPAL. BUY 1565, SL 1460, Target(s) - 1650, 1700. Cup Depth = 240. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Downtrend channel breakout in COLPAL for target of 1560+ 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 1D chart trying to break the resistance trend lineplease take entry once u get a proper reversal or breakout from the levels, support my views.
NSE:COLPALDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
COLPAL BULLISH Bought at 1439.00
TARGET 1473-1518-1564 +++
SL 1374 (CANDLE CLOSING)
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
