colgate on bullish mode with good volumeColgate trend line break out can trade for the short term it can reach up to 1460.
COLPAL trade ideas
COLPAL looking good for buy above 1400Colpal managed to close above 200 dma in previous day session, respected its demand zone 1350-1360. If breaks 1400 and sustained its a good buy for swing as well as in intraday.
Colgate - Short Term _ BUY 07-Sep: Bought@1360 | SL@ 1342
(Waiting for closing basis candle for additional BUYs, next day)
= TL Support with Hammer formation
just an analysis based on volume and demand and supply zonesjust an analysis based on volume and demand and supply zones, the number of partcipants those have entered in this share
COLPAL - Cup & Handle, Inverse H&S - 1H TFCup & Handle pattern forming on Hourly Chart of COLPAL. BUY 1405, SL 1339, Target - 1500. Breakout above 1400 with VOLUME, falling back below 1380-1375 key levels will be construed as a false breakout in this case, So keep an eye on Volume candles too alongside with Price action.
Inverse Head & Shoulders pattern formation in the process on Hourly Chart of COLPAL. BUY 1405 breakout with VOLUME. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
COLGATE Trade!Keep your target @ 1470. Take a SL for 10%. Maybe we're going to see a breakout soon through the triangle pattern.
Colgate may touch 1470 levels soonerColgate may touch 1470 levels sooner
Stoploss: 1399
Target: 1470
COLGATE ANALYSIS 24.08.2020BUY 1408 TO 1396
TARGET 1427 TO 1435,1456
WAIT AND WATCH WHERE IT IS OPENING FOR BETTER CONFORMATION .
LAST CANDLE IS CLOSED NEAR PREVIOUS SUPPORT SO BUYING PRESSURE WILL BE HIGH.
Short term - Colpal a candidate for go longA strong close above 1470-80 levels may take it to the nearest resistance.
Trend line support and DragonFly DojiStrong trendline support
Each time it came near trendline it took to support, formed a Dragonfly Doji candle, and then reversal happened.
Points to consider
1. Strong trendline support
2. Dragonfly Doji
3. 50 SMA support
4. Price rejection near the trendline.
5. Limited risk
Buy Above sustaining of previous day high.
Target 1455/1480
Wait for the confirmation, use TSL, and wait for the targets.
(Only an Educational view)
COLPAL TRADING SETUPA good breakout after good consolidation with increase in volumes makes it a decent stock for long.
entry-1430
sl-1410
target-1480
COLPAL forms Bullish Price ChannelPrice will take support and start to reverse as COLPAL forms Bullish Price Channel .
Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
One Right Trade's Swing Trade Idea #55 : Buy on COLPALPlease do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by onerighttrade is only for study purpose and is not a trading call.
COLPAL AKA COLGATE SHORT LEVEL FOR 11/08Please use 3mins chart if the script open and close within the Green and Red Line its high probability trade do not waste time if open Gapup and Gap down. Can Initiate position as per the direction. Also leave the trade if it does not triggered in first 2hr as this is momentum based trade
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
