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 Loss 2050, target 1960,1930 Before Taking Any Entry Do your Own...
lot of good accumulative activity with double bottom on price suggesting good risk to reward ratio for long side
#COLPAL trading 1603 formed bearish pattern, Today trading our retracement level, we can sell below 1597 and tgt for 1575 SL 1615.
Buy $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 based on technical charts and for educational purpose only....
COLPAL21AUGFUT BUY ABOVE - 1651 TARGET 1661,1671,1681 SL 1641 SELL BELOW - 1640 TARGET 1630,1620,1610 SL 1650 book profit when you are in profit or trail
Colpal looking good if it cross 1735 and sustain.CHANNEL/FLAG pattern breakout looking.it should go 1760-1780-1800.
Looks like FMCG sector stocks are giving bullish signal. Can go long above 1611 with SL below 1585