EquityPandit’s Outlook for Colgate Palmolive for the week (Nov 25, 2019 – Nov 29, 2019):

COLGATE PALMOLIVE:

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

Stock closed the week on negative note loosing -7.14%

Week High: 1586.40

Week Low: 1480.55

Week Range: 105.85

Colgate-Palmolive (India) Ltd.

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1414.70levels, Minor resistance on the upside is capped around 1555.30 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 @ 1274 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 @ 1588

Stock is trading above 200 days exponential moving average, suggests long term trend is bulish. EquityPandit predict range for the week as 1588 on upside and 1274 on downside.