niftytrader

COLPA Buy abv 1220

Long
NSE:COLPAL   COLGATE-PALM (IND)
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

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