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ravibobra
Apr 25, 2021 5:57 PM

Colpal :: Near to Support Levels Long

NSE:COLPAL1D
COLGATE-PALM (IND)NSE

Description

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Colpal is at a very good support levels, wait for price action and see if there is any daily close above 1528 levels.. Good stock for a swing trade


Note: Analysis for Educational purpose only

Comment

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Colpal has earlier didn't sustain the support but again after few days it is coming to support levels with good buying seen in the lower levels....

Keep an eye on this stock for closing above the box levels....will lead to 1600 levels easily....
Trend Analysis
Comments
vfxbalaji
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it can go down 200 ma and can reverse in few days
vfxbalaji
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but it's broken 100 ma , might be chances to go down still and reverse can be a few days
ravibobra
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@vfxbalaji, Hey .. I think this is doing what you have discussed....showing some signs of reversals
vfxbalaji
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@ravibobra, if its breaks monday 200 ma, then levels will be targets 1550, 1573, 1597 and last is 1625-1650 range tnen again full reverse (but sligntly in the above ranges reverse will come but the high 1597 can reach in 30 days of time. Thanks
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