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COLPAL Weekly Outlook and Analysis:
For the Week: (July 10, 2023 – July 14, 2023)
COLPAL Outlook for the Week for the Week (July 10, 2023 – July 14, 2023)
BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Colgate Share Price : 1768.10 (NSE)
COLPAL closed the Weekly on Positive Note Gaining 4.74%
Weekly High: 1808.20
Weekly Low: 1660
Weekly Range: 148.20 Points
Weekly Support & Resistance For Nifty Media:
| RESISTANCE 2 | 1894 |
| RESISTANCE 1 | 1831 |
| SUPPORT 1 | 1683 |
| SUPPORT 2 | 1597 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1683 levels, Minor resistance on the upside is capped around 1831 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 @ 1597 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 @ 1894
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1894 on upside and 1597 on downside.
