COLPAL trade ideas
Colgate(I)-W-Bounced off trendline, if held, new highs are onTrendline support. Cheap valuations vs the sector. Improving nos. post the patanjali intrusion
ColPal - Inside Bar TradeLong on 1119.50 break with SL as 1101.
Short on 1100 break with SL as 1119.45.
Colgate (I) -W- Bounced off trendline, if held, new highs are onBounced off the operating bullish trendline. Long basis that
COLPAL LongCOLPAL CMP 1135.2..Looks strong..Sustainnig 1142 can show levels of 1150/1160/1170/1180/1200..SL 1100
COLGATE 1) Broken trendline, tested it and again failed to hold it
2) Stock to experience sharp fall below 1080 close
3) Losing market share - result should be key trigger
COLPALColpal 15 MNin chart has formed Poll and Flag pattern once stock close above 1105 then we can see 2-3% move in stock support at level 1080.
Colpal - Bounce Uptrend Trade Entered on 21st Aug 18 with a price of 1164.90 and a stop loss at 1122.10
In case of hitting Stop Loss confirmed loss of 42.8 points
Col Pal Bounce Uptrend TradeEntered on 21st August 2018 on 1163.85 with a stop loss at 1123
Current Trailing Stop loss = 1123
In case of hitting stop-loss loss of 40.85 points.
