BREAK DOWN IN COLGATEColgate has broken down from the ascending trend line. It was consolidating before break down.
COLPAL trade ideas
COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1435COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1435
COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1530COLPAL (Colgate-Palmolive (India) Limited) SELL BELOW 1530
COLPAL - Options Nov expiry - ShortLong term up channel
Broken violently upwards
Upper Bollinger being currently defined by price
Price will retrace to the top of the channel or middle bollinger
Move that can be captured... 1580 to 1450
Colpal LongColpal Monthly income trade.
I give bracket order on the basis of trend of stock and great level of demand.
How Long Did Colgate Bull Run Continue?Does 200 to 1320 in 11 years which is 60% Anuualized return make it clear that Equities are better than MF's, FD's, EPFO, NPS?
Did Colgate , by matter of fact of being an international Player added anything to its growth trajectory?
How long do you think this 60% annualized Increase will be changed to ?
What is the effect of Colgate on the Patanjali Disruption in Desi market?
Will the Decrease in Consumption in Indian FMCG Market will have any effect on Colgate Revenues?
Is it too late to Buy?
or Colgate Just Started its Growth Trajectory?
Analyse and Research will always pay off a great Return.
COLPAL - Intraday Trade Setup = 09 September 2019 Please consider watching the Intraday Levels in COLPAL for 09 September 2019
COLPAL Short Setup [Intraday]NSE:COLPAL Short around 1224.50 with SL at 1228.85 and three potential targets.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly
Colpal1.pinbar at 21 EMA daily- upside
2. retesting 21 EMA on hr ly - downside
can move eitherside take entry appropriately with risk
buy 1201 sl 1193 tgt 1216-1231
sell 1193 sl 1201 tgt 1179-1170
COLPA Buy abv 1220 Chart is consolidating well in last few months
There is definately money moving into FMCG defensives.
Several times it has taken supp near 1120 regions
Rst zone has been 1200-1220 region
One can either trade this range or
await brkout abv 1220 for a likely large move towards 1300 mark
Colpal short below 1120 once it starts trading below 1120.Tgt could be 1100 and more. Daily & weekly RSI both below 40.
Colpal#Colpal may post inline result as per chart and now stock trading at important support levels if stock break 1,180 level we can see upside toward 1,200-1,220 level and if stock break 1,135 level we can see downside toward 1,110-1,090 levels.
Colgate PalmolivePrice is testing its channel support line with the RSI also around the Oversold level. Good entry point technically, but confirmation signs from the bulls are yet to be seen! An entry with a reduced position size possible at this juncture since confirmation is yet to be given for a BUY. Next demand level seen around 1025!
