COLGATE PALMOLIVE LTD.
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Some opportunity in place for F&O fanboys & girls

62
As seen above i have clearly marked the two support lines one for people who want to keep strict sl and 2nd one for risk taking people . The stock given decent volumes but good delivery after AGM has cooled off the volatility. Immediate resistance can be seen as 1404 which is closer to 200sma that is 1404-1405 levels, which wont be easy to break post which we can see 1450 levels.

Disclaimer : This is not a trade recommendation but just my analysis based on technical analysis. Kindly do your analysis before taking position in the stock
Dagangan aktif
The stock failed to break the upper resistance bar as marked in the chart and ended up taking support of the bottom marked line. Tomorrows movement will give a better idea of the stock movement
Dagangan aktif
What a move by the stock took the resistance out like a charm . Can be traded further with sl kept. resistance 1460
Dagangan ditutup: sasaran tercapai
All the targets achieved couldn't sustain the high

Penafian

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