COLPAL trade ideas
COLPAL : Short term Sell and Medium Term : BuyEO ( pink line ) for shorting..
Lets get this move down first..
COLGATE PALMOLIVEBreakout upwards.
Also broke through a fibo level and reached the next.
Now needs to see if there is a pull back.
MOVING IN ASCENDING CHANNEL WITH A ROUND BOTTOMTRADING IN NARROW RANGE...BREAKOUT ABOVE DAYS HIGH...
Rectangle Channel Breakout The stock has formed "Rectangle Channel" and trading above it. This simple patter offers an opportunity to trade with a reasonable Risk to Reward ratio of 3. One can go long at 1193-1195 with SL of 1168 and can expect a target of 1265 in coming days.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1193COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1193
COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1235COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1235
COLPAL chance to breakout of channelAs per analysis we expected COLPAL to breakout of channel earlier however it continued inside the channel i have included the link for the same idea below , now it seems to be another chance to up movement / channel breakout if it closes above the entry line indicated in the chart in the day candle
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1200COLPAL (Colgate-Palmolive (India) Limited) BUY ABOVE 1200
COLPALAS INFORMED EARLIER, COLPAL HAD REACHED TARGET-1 AND IS ON THE WAY TO REACH TARGET-2 AT 1211.
RESISTANCE IS EXPECTED AT THIS LEVEL.
IF THE 1211 LVL IS CROSSED, THEN 1231 WILL BE THE NEXT STOP.
COLPAL might break out of ChannelBased on future candles we might know whether COLPAL is breaking out of the parallel channel it has been for many days ... if the market closes above the entry point in daily chart we can expect it to reach the target
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
COALPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1140COALPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1140
COLPAL IB trade setup* Colpal is getting compressed between trendlines
* Break on either might give a good trade
* long on PDH with PDL as SL
* short on PDL with PDH as SL
COLPAL - REMAIN POSITIVE CAUTIOUSLYAS MENTIONED IN JUNE 03RD POST, THE PRICE OF TARGETS 1 & 2 ARE ACHIEVED.
TARGET 3 REMAINS TO BE REACHED.
AS THE PRICE INCREASE IS SUPPORTED BY VOLUMES, THE PRICE SHOULD BE ABLE TO DO SO.
JUST BE CAUTIOUS, AS THE DELIVERIES ARE ONLY 10%.
