COLGATE PALMOLIVE

Colgate Palmolive Outlook for the Week (July 19, 2021 – July 23, 2021)

COLPAL Weekly Outlook and Analysis:

For the Week: (July 19, 2021 – July 23, 2021)

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

Colgate Share Price : 1745.60 (NSE)

COLPAL closed the Weekly on Positive Note Gaining 1.25%

Weekly High: 1763

Weekly Low: 1718

Weekly Range: 45 Points

Weekly Support & Resistance for COLPAL

RESISTANCE 21787
RESISTANCE 11766
SUPPORT 11721
SUPPORT 21697

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1721 levels, Minor resistance on the upside is capped around 1766 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 @ 1697 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 @ 1787

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1787 on upside and 1697 on downside.

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