COLGATE PALMOLIVE

Colgate Palmolive Outlook for the Week (Oct 11,2021 – Oct 15,2021)

COLPAL Weekly Outlook and Analysis:

For the Week: (Oct 11,2021 – Oct 15,2021)

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

Colgate Share Price : 1687.80 (NSE)

COLPAL closed the Weekly on Negative note Losing 0.01%

Weekly High: 1703.90

Weekly Low: 1672.35

Weekly Range: 31.55  Points

Weekly Support & Resistance for COLPAL

RESISTANCE 21704
RESISTANCE 11720
SUPPORT 11672
SUPPORT 21656

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1672 levels, Minor resistance on the upside is capped around 1720 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 @ 1656 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 @ 1704

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1704 on upside and 1656 on downside.

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