Stock is all time high with nice price action.
On Weekly chart - Price gave a break out and tested the same level
Price is trying to break the earlier high again with above average volume.
Keep a watch and follow your risk management rules strictly.
Can be a good potential buy.
Colgate-Palm (INDIA) has a Bullish view. Currently it is in cooling period soon takeoff.
✅Monthly timeframe Analysis.
✅Entry- when 1 Day (Bull Candle) closes above the July high and sustain. (Positional)
✅ Targets were on Chart
✅ Follow Risk Reward
✅ Stop Loss will be your support / Retracement Level
✅ Holding period 12-36 MONTHS
✅ Only for Education Purpose!!...
Colpal broke the neckline following the formation of a double top , signaling a potential bearish trend. We've initiated short positions based on this pattern.
Please note, that the provided chart includes details such as entry points, stop-loss levels, re-test zone, and target levels.
However, trading involves risks, and these are speculative predictions....
# COLPAL #
# SHORT TERM VIEW BEARISH #
# SELL - 2547 : 2528
This is not an investment advice and also please note this is only for education purpose.
So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Intraday Trade setup for 26 April
I have selected 4 stocks for intraday, not all the trades will get executed.
I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry.
Trade should be cancelled if not executed between 9:15 AM till 10 AM. It won't be re-entered.
Entry: 1515.45
SL:...
Weekend Pick 1: ColPal
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. Strong Reserves vs almost debt free. FII holding increased significantly !
Technicals : Bullish Pennant Breakout after good consolidation.
R 1: 2200
R 2: 2300
R 3: 2400++
SL : 1950
COLPAL AND THE FMCG INDEX BOTH ARE BULLISH
- COLPAL will be posting its earnings tomorrow.
- Pre and post-earnings a trade setup will be risky.
- However, a swing long can be added with a wide SL of 3-4%
- In this bearish market focus on swinging only outperformers or stocks with a strong catalyst.
- Trade setup - Enter partially at CMP and execute 70% in the...
COLPAL is almost debt free and its net income is also very good. So, fundamentally this stock is very good and technically it is forming an uptrend pattern and it has also gicen a breakout after giving a pullback. So, overall it's a very good stock to consider. Do your own research before investing...
