COLGATE PALMOLIVE

Colgate Palmolive Outlook for the Week (August 09,2021 – August 13,2021)

COLPAL Weekly Outlook and Analysis:

For the Week: (August 09,2021 – August 13,2021)

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

Colgate Share Price : 1643.20 (NSE)

COLPAL closed the Weekly on Negative Note Losing  3.59%

Weekly High: 1716

Weekly Low: 1640

Weekly Range: 76 Points

Weekly Support & Resistance for COLPAL

RESISTANCE 21742
RESISTANCE 11692
SUPPORT 11616
SUPPORT 21590

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1616 levels, Minor resistance on the upside is capped around 1692 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 @ 1590 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 @ 1742

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1742 on upside and 1590 on downside.

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