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May 9, 2019 2:09 PM

Colgate Palmolive Long

COLGATE-PALM (IND)NSE

Description

Price 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!
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