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COLPAL Weekly Outlook and Analysis:
For the Week: (July 03, 2023 – July 07, 2023)
COLPAL Outlook for the Week for the Week (July 03, 2023 – July 07, 2023)
BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG
Colgate Share Price : 1688.10 (NSE)
COLPAL closed the Weekly on Positive Note Gaining 3.48%
Weekly High: 1705
Weekly Low: 1625
Weekly Range: 80 Points
Weekly Support & Resistance For Nifty Media:
| RESISTANCE 2 | 1753 |
| RESISTANCE 1 | 1720 |
| SUPPORT 1 | 1640 |
| SUPPORT 2 | 1593 |
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 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 @ 1593 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 @ 1753
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predict range for the Weekly as 1753 on upside and 1593 on downside.
