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COLPAL Weekly Outlook and Analysis:
For the Week: (July 17, 2023 – July 21, 2023)
COLPAL Outlook for the Week (July 17, 2023 – July 21, 2023)
BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Colgate Share Price : 1836.65 (NSE)
COLPAL closed the Weekly on Positive Note Gaining 3.88%
Weekly High: 1840
Weekly Low: 1752.25
Weekly Range: 87.75 Points
Weekly Support & Resistance for COLPAL
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1779 levels, Minor resistance on the upside is capped around 1867 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1722 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1897
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1897 on upside and 1722 on downside.