A very good breakout from the 1560-1580 levels. Since the breakout was a large candle, dont expect a major move today. Since 1600 being a round level, if it penetrates that level, then the stock can see a good upside. The stock might hover around in that area(1600 levels) for some time. Since the 1620 level has been tested couple of times with massive pull backs,...
Traiangle Breakout Wait for Proper closing go long is bullish candle form
Colpal at breakout level, if it will give breakout go long in colpal
COLPAL Sell for intraday trading if stock break the given support level then we will enter in trade......
Colgate Palmolive is been consolidating for quite long time and in near term it may touch 1640 if it crosses 1608 with a SL of 1555.
COLPAL buy above 1560-70 Intraday target :-1580,1590 SL 1541 or 1563 (according to your risk appetite) Positional Traders can buy here. SL 1541 Target 1624 But it is better to trade in intraday
Falling wedge pattern has been created,if I am m not wrong the next path of stock will be...
COLPAL had given a trendline breakout earlier and is currently consolidating in a range of 1540-1600. A breakout from here can give targets of recent swing high of 1670 and next target of around 1730. FMCG sector is outperforming the market and hence one can be bullish on this stock.
Colpal forming double bottom.Above 1623 it should give breakout.Looking target 1640-1650-1670++ in very short.Keeping on radar Colpal 1620 CE.
Looks like it will breakdown so look for short oppurtunity.
Colpal is trading above last week's high of 1616 with very good volumes & also trading above 50% fib retracement of 1564 on weekly basis. Could be bought with mentioned stoploss & targets.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
colpal looking good for 15-20% move..holding time near to 3-6 months.. (EMA USED 200EMA ) (WEEKLY CHART)
Colpal broke out of triangle pattern on hourly charts with decent volumes. Could be bought with mentioned stoploss & targets.
Bullish Bat Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL BUY
COLPAL is trading in 100-120 points range from past couple of weeks. Right now its trading near its lower end of trading range, Could be bought with stoploss below 1375 with target 1490 positionally if global markets & our markets starts recovering.
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