COLPAL Weekly Outlook and Analysis:
For the Week: (August 23,2021 – August 27,2021)
BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Colgate Share Price : 1677.05 (NSE)
COLPAL closed the Weekly on Positive Note Gaining 2.13%
Weekly High: 1702.35
Weekly Low: 1634.90
Weekly Range: 67.45 Points
Weekly Support & Resistance for COLPAL
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1640 levels, Minor resistance on the upside is capped around 1707 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 @ 1604 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 @ 1738
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1738 on upside and 1604 on downside.