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 trade ideas
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
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!
Colgate Palmolive - A real technical bullish gem.Weekly Chart
CMP 1257
Expected target 1260 + (1200-800) = 1660 plus
Stop : Trail 30 weeks ema, currently at 1080.
1) The stock has broken past the small consolidation zone (W pattern) and also the broader consolidation zone with huge volumes.
2) Relative Strength with respect to broader index indicates serious money flowing into the stock.
3) RSI has been in the bullish zone (> 50) and has been entering into the overbought zone more frequently, meaning, buying happening at all retracements.