2 Good trades and Index analysis for 23 August Markets I daily make educational content videos for financial markets
COLPAL trade ideas
Stock Analysis for Swing tradersStock Analysis for Swing traders. This stock looks good for swing traders and positional traders with very small risk. Risk reward is favorable.
A potential breakout stock COLPAL COLPAL looks good above 1615/- as stock will breakout from a trendline at Daily chart with Cup and Handle pattern, One can go Long if stock crosses 1615/- with target of 1737/- (+7.5%) and stop loss at 1580/- (-2%)
COLPAL Long opportunityNSE:COLPAL
Stock -> Colpal
TimeFrame -> Weekly
Hello all!
Colpal has been moving in an expanding funnel. It approached its lower channel trendline in March 2022, bounced back with heavy volumes, broke the trendline 1 and came back for a retest, and has again bounced. This makes for a good opportunity to go long!
There are multiple other indications that further strengthen my conviction:
-Formation of a 'W' pattern with a higher low formation.
-Support from 50-week EMA.
-The stock has bounced back from its Fibonacci Golden zone (between 50% and 61.8%).
Risk-averse traders should wait for the stock to close above the Resistance zone (Yellow box). However, accumulation in small quantities can be done.
*NOT A CALL*
#nifty #colpal #swingtrading #swingreversal #technicalanalysis
#COLPAL #Bullish #Breakout #COLPAL showing some signs of #Bullish potential only above the #Breakout of the above trendline. Right now for my record only
Colpal is in very important level in a Daily chart?Yet to break imp resistance, if it break with proper candle with volume. then we can see upside movement in coming days.
After the breakout stock can go 1650 first then it will go to 1674 level. stock has a potential to reach 1800 level.
After the breakout previous resistance should turn as support. then we can take entry in retest by keeping sl below 1570.
1470-1480 Will be the strong demand zone.
Wait for the proper breakout to enter with proper Risk Reward.
This is just a view not recommendation to trade. Do your own analysis before taking any trade.
Share your view in comment section.
NSE:COLPAL
COLPALNSE:COLPAL
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Colgate forecast next NSE: COLPAL
Time Frame :- 1 Day
Patterns Name :- Ascending Triangle
Conclusion :-
A Ascending Triangle which is nearly completed now shows some forecasts that could be followed by the market as shown in the Figure
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Made By MAYANKTECHRESEARCHING
Colpal: Inverted H&S PatternColpal is making Inverted H&S pattern on 15 min and 1 hour time frame. Last resistance Breakout worked as support next time.
Perfect entry is yet to be triggered at 1572 for easy 1:2 Targets of 1600/1620
DISC: Please consult your advisor before making any bet. This is for educational purposes only.
SWING SETUP IN COLGATE ANALYSIS SHARED IN ATTACHED SCREENSHOT
points :
double bottom
accumulation
golden ratio retracement
good volme
COLPAL forming bearish flag.COLPAL on a daily time frame is consolidating in a narrow range for last 7 days.
The stock is trading below its 200 DMA and a bearish flag pattern is being formed.
Though, the stock held on to its hourly 200 ema and consolidated in 6-7 point range while day.
Support:- 1500, 1480-85
Resistance:- 1520, 1535
The stock can give a nice move either side.
Wait for the stock to sustain above the levels.
The trade can be intraday or swing.
For carrying the position wait for the day closing.
COLPAL #COLGATE-PALM (IND) AMAZINGJust saw a amazing uptrend line in Colgate always it gives respect to that it is a perfect example of ascending channel
BEAUTIFUL CHART
COLPAL in a consolidation phase.The stock is consolidating in a rectangular box pattern.
Its trading in a narrow range of 70 point for 22 trading days.
Wait for the daily candle close above or below the box.
Support :- 1550, 1490
Resistance :- 1615, 1660
Watch the price movement near the last hour of trading session.
Price action should be watched for a confirm swing trade.
ColpalColpal breaking small range and this could be very good for bulls. do u have it or still thinking
Is COLPAL ready to move high?COLPAL seems ready to move high from here. After consolidating for almost 6 months, stock has broken upper range of Rs.1480 and retested the same. This set-up looks promising. Swing traders can keep this on radar.
Simple Trade Setup |COLPAL | 02-05-2022 [INTRADAY]NSE:COLPAL
Trade Setup for 02-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Colpal Long (14 Mar)Colpal Long (14 Mar)
RSI- 50
we can see support at 200 week EMA
Strong buying with good volumes seen last week
Buy at CMP- 1498
SL- 1390
Target- 1630, 1728 and more
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
price breakout swing trade candidate ..trade setup :
1.buy above 1556
2.keep stop loss as 1530
3.targets :
1584 / 1615 /1637 /1652 /1674
technical setup:
1.rectangular pattern
2.support
3.resistance
4.positive RSI divergence
near price breakout
5.breakout concept
