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COLPAL Weekly Outlook and Analysis:
For the Week: (Feb 13, 2023 – Feb 17, 2023)
Check COLPAL Full Analysis At Unicorn Signals
BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Colgate Share Price : 1466.95 (NSE)
COLPAL closed the Weekly on Positive Note Gaining 0.40%
Weekly High: 1472
Weekly Low: 1445.70
Weekly Range: 26.30 Points
Weekly Support & Resistance for COLPAL
| RESISTANCE 2 | 1488 |
| RESISTANCE 1 | 1477 |
| SUPPORT 1 | 1451 |
| SUPPORT 2 | 1435 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1451 levels, Minor resistance on the upside is capped around 1477 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 @ 1435 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 @ 1488
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predict range for the Weekly as 1488 on upside and 1435 on downside.
