COLPAL Weekly Outlook and Analysis:
For the Week: (Oct 18,2021 – Oct 22,2021)
BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Colgate Share Price : 1681.20 (NSE)
COLPAL closed the Weekly on Negative note Losing 0.38%
Weekly High: 1724.10
Weekly Low: 1678
Weekly Range: 46.10 Points
Weekly Support & Resistance for COLPAL
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1664 levels, Minor resistance on the upside is capped around 1710 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 @ 1648 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 @ 1740
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1740 on upside and 1648 on downside.