COLPAL Looks Bearish As per technical Trading Analysis We can Create Hedge Position in mention Stock If NSE:COLPAL1! Breaks 2015-10 Level then Possibly it will test 1950,1920 Level if you are ready to take risk then go with Hedge Position.
Hedge Aug series
Buy COLPAL 2050 CE Near 35-37 and sell Future Near 2015, Stop
Buy Setup n $COLPALBuy $COLPAL between 16650-80 SL 1650 Target open. Hold for next 3-4 months for decent profits.
Gann roadmap for Colpal for next 3-4 months is:
1661 1681 1702 1723 1744 1765 1786 1807 1828 1849
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for COLGATE-PALM FUTURES is Apr 29, 2021.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell COLGATE-PALM FUTURES before Apr 29, 2021.