COLPAL trade ideas
#colpal- the shoot upI used Colgate this morning. This might boost the price of the stock towards 1655/1678/1745 above the resistance i.e 1622.
Regards
COLPAL short Idea Colpal making LH and gave support breakdown
Retest also done , going below 1547 can be weakness.
Bingo! Rounding Bottom,Cup& Hnadle,Hd&Shoulder+61.8% RetracementThe price is currently trading at the 61.6% level of the last impulsive move,
the good part of the trade setup is even if the 61.8% level breaks setups will be valid untill it trades above the last zone
risk taking traders and go long at 61.8% level with entry criteria placing 71% as SL
if someone wants to trade in conservative way enter after the break of the handle.
-Rv The Trader
Colpal Short......Below 1516
SL above 1585
Target 1470-1447-1410
Option
1500 PE above 10.5
SL-5
Target-15-20
COLPAL Postional Long. Good to add to long term portfolio also.Ascending triangle pattern Breakout Expected.
Green Lines are targets
Red line Stop loss
Buy small QTY before breakout
Add more above yellow line
FMCG stock to buy in bear marketPositional Trade:
COLPAL
Buy: 1545; T: 1680; SL: 1497;
-Mohit Rajani
COLPAL - Trendline ObservationsTrendline Observation(s). A simple trendline breakdown on 2H Chart of COLPAL. SELL strictly below 1517 -> 1500, 1493. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
COLGATE PALMOLIVE DowntrendCOLGATE PALMOLIVE Downtrend
Colgate Downtrend, a pullback and downtrend continues,
if support area of 1520 will break and stays below, then further downside can be seen upto 1488-1465.
And if reverse from this area resistance will be 1568-1595.
[Positional] Colpal Long IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
Colpal channel Breakout.Lower end of ChannelBreak. Confirmed as next days it did't tried to retrace/entered the channel again.
