COLPAL near all time high and strong resistance zone.today volume is very high in COLPAL.
near Strong resistance zone.
Keep an eye. Good for Swing trading in options.
COLPAL trade ideas
Broadening Wedge Pattern Breakout in COLPAL📊 Script: COLPAL
Key highlights: 💡⚡
📈 On 30 Minutes Time Frame Stock Showing Breakout of Broadening wedge Pattern.
📈 Strong Bullish Engulfing Candlestick Form on this timeframe.
📈It can give movement upto breakout target of 1533+.
📈 Can Go Long in this stock by placing stop loss below 1500 for target of 1525 and 1533.
COLPAL IN BUY ZONE COLPAL IN BUY ZONE as weekly tmf triple bottom if sustain in the same label it will go up to marked point
COLPAL FOR SWINGStock looks good at the current levels for swing action. Good volume and price action seen. Check chart for target.
ALWAYS PLACE STOP LOSS
Colpal - Long - 1820 positionalColpal...irrespective of results, 1820 is coming in Colpal. 1696, 1720,1760,1820. If the result is bad then buy at dip but 1820 is target in next few weeks.
Look at my previous breakouts posts given. Results are more than 90% accurate.
Colgate - Long Daily ChartRounding Bottom Daily Chart
Entry above 1600
Targets-1633/1668/1686
SL - 1575
Cup & Handle PatternThe stock is forming a bullish Cup & Handle pattern.
The recent fall seems to have been an outcome of dividend declaration.
Colpal weekly 1585Triangle consolidation plus indicators turning bullish on weekly charts
Breakout above 1630-35 levels
Target 1645 - 1670 - 1740 - 1800
SL - a weekly closing below 50 EMA (short risk) or breakdown of the lower trendline
On short side, levels of 1390-1355-1290
Colgate for 10%bounce from bottom of channel and 200Ma is a sure indication that colgate has a good risk reward.
10% reliable upside in 2- 3 months can be considered.
SL 1420
COLPAL Set to Outperform Index Nifty 50Attached: COLPAL/ NIFTY 50 Daily Chart as of 11th May 2023
The above Ratio Chart shows a Classic Bull Flag Setup within an Inverted Head & Shoulders Pattern. This is Bullish Evidence in favor of the Ratio Rallying Upwards
They say Buy Strength and Sell Weakness
Therefore this makes NSE:COLPAL a BUY given its Potential to Outperform!
Round Bottom / Cup & Handle Pattern Great Up Move is ComingHii All,
Colgate has given a good breakout.
Next Easy targets could be
1. 1654
2. 1680
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
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Happy & Safe Trading
Colpal Breakout WaitingColgate Palmolive doing consolidation in a parallel channel so after a break of this channel and close above on that on daily candle basis we will get a breakout and can go long for the target of 1512 and 1540
Inverted H&S Break out- Bouncing from a Strong support
- H&S formed
- Consolidated at the neck line and then BO
- Volume is not promising though
COLPALColpal made triple bottom on an hour chart near 1475,
Buy at cmp or on dip as low as 1480 with stoploss of 1475.
Risk:Reward in favour of bulls.
COLPAL trend line breakoutTrend line breakout on COLPAL at daily time frame, we can accumulate at current price SL @ 1500 on a closing basis TGT1 : 1535,TGT2 : 1555
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
Colpal breaking outCOLPAL seems to be breaking out of a neat triangle. On the plus side stock hasn't done much for past 3 years. So perhaps we're in for a pent-up up move.
Trendline and Range StockThis is simple Monthly Chart of COLGATE PALMOLIVE (COLPAL) and it is respecting the trendline and the resistance line, thus in a UPTREND CHANNEL since 2009.
Long term trend always prevails in the market, Even if someone is stuck in a stock at wrong time but if its longer trend is in uptrend there are high chances that it will recover some day.
High time frame analysis has its own benefits such as higher returns, less follow up , dividends and other benefits. It could be seen as an investment perspective as well.
This time there is a BULLISH HAMMER candle made in february 2023 at the support of the trendline. This is the one of the simple analysis which shows that investment and trading in the market is easy and doesn't require rocket science. This is a favorable RISK-REWARD opportunity with a very small Stop loss at the low of the last hammer Candle.
ENTRY can be made at the current market price of 1488
STOPLOSS can be on the closing basis on the last candle i.e. at 1430 (Logic behind closing basis is that it is currently in an Uptrend so if it wants to go in a downtrend it will require a strong downside closing confirmation for the same otherwise if the price goes below the low of the last candle, Buyers may come and can take the price up again)
REWARD - the first target would be the last swing/Resistance that is 1674 and then at its last high of 1800 and then next target would be the resistance which is likely to be 2000.
*this is a Monthly Analysis, so requires longer patience.
*keep position Sizing according to your Risk Appetite.
*Market is simple, don't make it complicated, Simple things works, It is just a probability Game.
One can take ReEntry if it gives another opportunity but be ready to give SL.
Colpal - Long - 1580 positionalColpal is trading with high volume and seems to be coming out of consolidation.
The stock has been trading above its 20-day and 50-day moving averages, which could suggest that there is some buying momentum in the stock. Additionally, the Relative Strength Index (RSI) is currently above 50, which could indicate that the stock is in a bullish phase.
Potential targets 1500,1520 and 1580.
Coalpal On 15 MIn.COLPAL cmp. 1463.05 Buy with stoploss 1450 and targets are 1480-1515+.
Buying Reason.
1. --> Price create a triangle Pattern.
2. --> Price is stay above all EMA.
3. --> RSI is just cross the 60 Level.
4. --> ADX is showing bullish move.
5. --> Bolume is ready to Bull Move.
COLPALIn the Weekly Chart of COLPAL ,
we can see that, it is holding at support.
Also se can see a up move in W pattern.
Enter at 1465 with 1440 as SL.
Book profits as per your risk ratio.
