COLPAL VIEW - CONTINUATION 🎯🎯🎯

9 Dis 2020

IN MY PREVIOUS SHARED IDEA
WE COULD CATCH THE MOVE FROM 1535 TILL 1560 WHICH WAS THE TARGET LEVEL GIVEN
FOR NOW IT HAS MOVED BEYOND TARGET LEVEL
CMP @ 1570 +++

WHAT NOW FROM HERE ???

PERSONAL VIEW:-
ON DAILY CHART, SCRIPT IS RUNNING @ TOP OF A TREND LINE
WHICH HAS BEEN TESTED MANY TIMES AND NOT BREACHED SINCE MAY'20
LOOKING @ THE CURRENT MOMENTUM THERE CAN BE A POSSIBILITY TO BREAK THE TREND LINE
AND GO FURTHER UP OR A DIP BACK TO OLD ENTRY LEVEL

POINTS TO BE CONSIDERED :-
>>> LOOKING @ MOVING AVG'S - SCRIPT IS FAR AWAY FROM 20, 50, 200 MA - BREAKOUT FAR AWAY HAS MORE STRENGTH
>>> VOLUME PART AS OF NOW HAS THOUGH NOT BEEN GREAT WHICH CUD HAD BEEN A GREAT FACTOR
>>> OSCILLATORS OVERALL ARE NEUTRAL

PIVOT LEVEL SUGGESTION :>
RESISTANCE 1 = 1570
RESISTANCE 2 = 1625
RESISTANCE 3 = 1745
PIVOT = 1522
SUPPORT 1 = 1460
SUPPORT 2 = 1410
SUPPORT 3 = 1300

TRADE SUGGESTION :-
* BUY ON BREAKOUT KEEPING ABOVE PIVOTS IN MIND
* WAIT FOR A DIP BACK TO 1520-1535 TO ENTER

***DISCLAIMER - FOR STUDY PURPOSE ONLY***

BELOW IS OLD IDEA POSE FOR REFERENCE >>>>>
https://in.tradingview.com/chart/COLPAL/4ITwmGuU-COLPAL-BUY-ZONE/

10 Dis 2020

Dagangan aktif

resistance 1 - 1570 is respected today

14 Dis 2020

Dagangan aktif

STRONG MOVE TOWARDS RESISTANCE 1 - 1625
🏍🏍🏍🏍🏍🏍🏍🏍🏍🏍🏍🏍🏍

14 Dis 2020

Dagangan aktif

RESISTANCE 1 = 1625 DONE AND DUSTED
NOE KEEPING STOP ABOVE COST AND AIMING FOR 2ND RESISTANCE