C O L P A LColpal Fut broke above descending triangle pattern on an hourly chart with decrease in OI suggesting short-covering.
Risk:Reward - 1:2
Not to b missed breakout.
Could be bought with mentioned stoploss & target.
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
Colgate looking nice on chartslot of good accumulative activity with double bottom on price suggesting good risk to reward ratio for long side
#COLPAL possible to sell
#COLPAL trading 1603 formed bearish pattern,
Today trading our retracement level,
we can sell below 1597 and tgt for 1575
SL 1615.
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
COLPAL 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 - Might give a bullish momentumBullish flag pattern is formed on 15mins chart, if market is bullish should give a breakout.. watch-out for volumes
PS: educational purposes only, do your own study and take advice from your financial advisor before you take the trade
My View ON COLPALColpal looking good if it cross 1735 and sustain.CHANNEL/FLAG pattern breakout looking.it should go 1760-1780-1800.
Colgate - LongLooks like FMCG sector stocks are giving bullish signal. Can go long above 1611 with SL below 1585
See all ideas
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 current price of COLGATE-PALM FUTURES is 2,747.90 INR — it has risen 0.22% in the past 24 hours. Watch COLGATE-PALM FUTURES price in more detail on the chart.
The volume of COLGATE-PALM FUTURES is 1.66 M. Track more important stats on the COLGATE-PALM FUTURES chart.
The nearest expiration date for COLGATE-PALM FUTURES is Jan 30, 2025.
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 Jan 30, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For COLGATE-PALM FUTURES this number is 4.45 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for COLGATE-PALM FUTURES shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for COLGATE-PALM FUTURES. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of COLGATE-PALM FUTURES technicals for a more comprehensive analysis.