COLPAL trade ideas
BUY COLGATE-PALMOLIVE (INDIA). TGT:1700. SL:1535.Ascending triangle formation on Colgate daily charts. The stock has given a strong upside breakout with good volumes.
colpal - sell on riseSell > 1545.5
sl 1 hour close 1564.55
tg 1517/1498/1472
If sl hit, try to sell around 1590
COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1525COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1525
LongExpect one more drop before it start the trend , Current status is not confirming its moving up
One can look for Weekly reversal to close strong in order to Go long
and Look to book near forecast
COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1505COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1505
COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1440COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1440
COLPAL Chart.Flag pattern Formed.
Case-1:
If it breaks Flag Upwards we can see an Upward Movement.
Case-2:
We may see downfall from CMP and by taking support it can move Upwards.
Case-3:
If it breaks flag Downwards we can see further Downward Movement.
COLPAL - Bearish Bat - 1D TFBearish Bat pattern on Daily Chart of COLPAL. SELL 1293-1294, SL 1321.1, Target(s) - 1270, 1260.
Breakout in ColgateThere is breakout above 1240 level with good volume.
It also crossed the 200 days moving average, which was strong resistance, now it is a strong support
It is trading above 50 moving average as well.
Marked all resistance & support levels on the chart.
There is more than 30% delivered quantity on NSE in last 1 week.
COLPAL in moving in strong channel..good holding stock for 1 yrFriends plz follow me for this type such good charting pattern update, i try to give u best ideas as per my study,.
COLPAL looking strong on chart for 1-1.5 yr for minimum target of 1450+
following perfect channel in volatile market condition, u can take it as stable portfolio buildup.
COLPAL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
