COLPAL - Paused in a Triangle Whenever we see a triangle pattern, wait for the breakout of any-side for a potential trade setup , Triangle gives less risk to reward and 90% of the time ...price continues in the breakout direction.
COLPAL trade ideas
#pa16092020 #TrendlineBO #TFDaily #COLPAL above1430#pa16092020 #TrendlineBO #TFDaily #COLPAL above1430
COLPALDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
colgate on bullish mode with good volumeColgate trend line break out can trade for the short term it can reach up to 1460.
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.
