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COLPAL Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – Aug 04, 2023)
COLPAL Outlook for the Week (July 31, 2023 – Aug 04, 2023)
BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Colgate Share Price : 2049.30 (NSE)
COLPAL closed the Weekly on Positive Note Gaining 11.81%
Weekly High: 2062.10
Weekly Low: 1825.20
Weekly Range: 236.90 Points
Weekly Support & Resistance for COLPAL
| RESISTANCE 2 | 2215 |
| RESISTANCE 1 | 2133 |
| SUPPORT 1 | 1896 |
| SUPPORT 2 | 1742 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1896 levels, Minor resistance on the upside is capped around 2133 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 @ 1742 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 @ 2215
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 2215 on upside and 1742 on downside.
