COLPAL LOOKING GOOD BUY - DEMAND ZONE - LIQUIDITY GRABIn daily DEMAND ZONE a doji candle formed with high volume. Can be bought around 1460-1490 with a Stoploss of 1450 for Target of 1550, 1600, 1650. Enter after break of pdh of 1483.
COLPAL trade ideas
COLPAL BUY STRTEGY ON WEEKLY BASISBuy near to 1400
SL 1350
Target open
Its trend last few weeks so don't miss this opportunity.
COLPALColpal looking good structure
Wait for breackout it can give a good move
This is only fr education purpose🙂
Colpal bullish viewThis is for educational purpose. trade as per your risk. COLPAL bullish view for December
Buy Colpal at 1493 for December 21Buy above 1491 only at 1493
SL - 1464
Target 1 = 1550
Target 2 = 1630
Colpal is at support zoneColgate Palmolive come down to its support zone as drawn on chart, buyers could take control from here
Long Term investor start accumulatethis is good risk reward consider buying here. CMP is very attractive. PE at 37
Colpal-Positive RSI divergence.A positive RSI divergence seeing in Colpal & also making a doji candle. Today's candle close above doji.
Stock may bounce upto 1550 level.sl below doji.This example is just for study and learning purpose.
BEARISH DIAMOND PATTERNRULES TO KEEP IN MIND:-
A visible uptrend must take place before the diamond top formation.
The diamond top formation must be well stated with four trend lines that links to each other. They should not be far apart from one another.
Place a sell order at the market after a break and close beneath the uptrend close to the finishing of the pattern.
Traders often apply the stop loss at the very recent swing high before the breakout level.
Traders often determine the target level depending on the calculated move measured. We will calculate the proximity between the highest high and the lowest low in the structure, and plot that downward from the breakout level. This plotted line would serve as the profit exit mark.
The trade will have an additional time stop component. Precisely if 50 candles passes, and the price fails to trigger either the stop loss or target mark, we will have to exit the trade immediately.
Simple Trade Setup | COLPAL | 23-11-2021 [ INTRADAY]NSE:COLPAL
Trade Setup for Date: 23-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Colgate to 1640 by Nov 2021 EndBuy COLPAL
At 1535-1530
Stop Loss - 1495
Target - 1565, 1600, 1640
Time - 20 Days (By Nov END)
ColpalBreakdown in colpal.. very bearish... even if pullback that will be good only for shorts untill trend changes
Colgate Palmotive Analysis | For Educational Purpose OnlyNSE:COLPAL
Major Support can be seen here: 1475 (If sustained good upward movement can be seen.
* 20 days SMA has become a good resistance
* Selling Volume is declining
---> Look for Opportunity
colpal - buy on dipsBuy from cmp to 1500
easy tg - 1550
tg2 - 1600
Disclaimer : This is my personal analysis for study purpose not intended for trading
Learning PurposeWeekly 100EMA and Tradeline support. Not a trade recommendation only for learning Purpose.
ONLY MEDIUM TERM !!!!!!BEST FOR UPTO 6 MONTHS HOLDING. stock is at yearly support level .
SL : 1450
Target: 1800
duration : 4-6 Months
collect colgate for white futureThe stock has seen decent correction and has moved up from support. with nifty support it may shoot upto 1650 which is its next resisitance pint.
Swing Opportunity in Colgate PalmoliveGo Long above 1547.1 for Targets of 1593.2, 1639.3, and 1685.4 with SL 1501
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.382 Fibonacci level.
3. Also there is a strong support zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
4. There is a trendline (marked with red color), which is providing resistance to the stock so we have placed our final target just below it.
