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COLGATE PALMOLIVE

Colgate Palmolive Outlook for the Week (July 12, 2021 – July 16, 2021)

BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG

Colgate Share Price : 1724 (NSE)

COLPAL closed the Weekly on Positive Note Gaining 2.04%

Weekly High: 1775

Weekly Low: 1680

Weekly Range: 95 Points

Weekly Support & Resistance for COLPAL:

RESISTANCE 21821
RESISTANCE 11772
SUPPORT 11677
SUPPORT 21631

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1677 levels, Minor resistance on the upside is capped around 1772 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 @ 1631 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 @ 1821

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1821 on upside and 1631 on downside.

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