COLPAL trade ideas
Colpal looking good for upmove
*If today closing done above counter trendline, one should enter at end of the day.
*Target -1680
* SL - low of the green candle
* FMCG sector is shining .
* Nifty FMCG at vege of breakout of all time high
Colpal Analysis for Short termColpal is following a support and resistance from two trend lines respectively as marked. Now colpal is at the good support point which coincides with a demand zone. Entry, SL and target are marked on the chart which can easily give us 1:2 RR and if someone wants conservative entry they can buy at 1562.
COLPAL Long shot position This right time to enter long short trade in colpal . Structural of colpal very clear that confirm future. Try with stoploss .
Critical stoploss point : 1640. Short trade Target : 1300 .
This post Educational purposes only
COLPAL BEAR TRAP (Intraday OCT 13)COLPAL took support from daily level and in 15 min it has made falling wedge pattern by trapping the bears at low level. Wait and watch how they stopped out and then sharp upside move is possible. Thank you !
COLPAL LONG TRADE (Intraday OCT 11)COLPAL has taken support at daily level and in 15 min it has made falling wedge pattern, now wait for breakout and then expect upside move.
Short Colgatedaily chart indicates change in trend and is going downwards. RSI indicates weakness and broken previous swing low .Price action on daily chart closed below 20 SMA for last 3 trading sessions with big bearish candle closing below previous low. Immediate target is 1550.
COLPAL#COLPAL pulled back to the supply turned demand zone with a low volume. Wait for a right bullish candle to enter.
COLPAL LONG Swing Trademest capital indicator has generated an alert of going long in equity for COLPAL
Timeframe: weekly
Entry : High price of candel
Stoploss: Low price of candel
Happy trading 🙏
BULLISH on COLPALNSE:COLPAL
The prices have given breakout from the Triangle pattern. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. There is also good volume during breakout. This view is for 1 to 6 months. The Targets and SL are given on the charts.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
colgate analysisCOLGATE-PALM ANALYSIS
Time Frame Analysis:
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Monthly: If the Previous low (1547.05) is taken out then we can yes Downtrend begins.
Weekly: Downtrend
Daily: Downtrend
Pattern:
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Monthly: Symmeterric Pattern.
Daily: Ascending Pattern.
Price & Volume relation:
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Volume is supporting on Daily, Weekly & but on Monthly not.
Conclusion: Once Ascending triangle breakout (Daily) then we can enter with a small qty & once the monthly symmetric triangle pattern is taken out then we add more.
Colgate - Next MoveColgate is trading at a crucial level. Levels are mentioned on the charts. Sustaining below 1685 may take the stock to the levels of 1625-1600. Or sustaining above 1685 levels, will give a breakout for the target of 1740.
Only for learning and sharing purposes, not a piece of trading advice.
Always calculate your risk before entering a trade, rather than calculating profits.
All the best.
COLPAL - ready to breakout the triangle patternColpal is taking support at 1620-1630. Wait for the TL breakout .
Since the triangle is formed in the Up trend , possibility is that it will go up.
Disclaimer: Just my view. Trade based on your own analysis.
Bullish pennant pattern breakout in COLPAL.COLPAL stock as seen in today's trading session was trading in bullish pennant pattern from last few days. It has given breakout inn today's trading session. So we can take a breakout entry above 1652+ and place their long target at 1765+ with a stoploss at 1626-.
Triangle breakout in COLPALBreakout happened with a huge candlestick as well as volume. Expected to reach its all time high.
Entry should be done above high of the breakout candle and stoploss should be low of breakout candle or 50% of that.
Entry=1645
Target= 1740,1800
SL=1550
trade setup for the stock = this stock is expected to touch the REWARD level as shown in chart - in 1 hour timeframe.
KEEP SMILING WITH COLGATEColpal is looking very bullish and strong weekly chart it is looking a strong up move reversals in it giving a breakout on falling resistance trendline and gives a strong breakout on Bollinger bands too so we can see a good upward rally in this strong fundamental giant.
Cause of long-:
1- Falling resistance trendline breakout.
2- Bollinger bands breakout.
COLPALthe stock is in trend line support good for swing
good risk reward ratio can be expected in this stock
colpalcolpal is trading in a rising wadge pattern.
just a small resistance now
entry above-1680
target-1740/1807
stoploss according to you risk.
Colpal - VCP BreakoutColpal :
Symmetrical triangle breakout and VCP (volatility Contraction Pattern) spotted
Possiblity of new 52 week high and more
