Colgate Palmolive Outlook for the Week (June 29, 2020 – July 03, 2020)

EquityPandits Outlook for Colgate Palmolive for the week (June 29, 2020– July 03, 2020):.

BSE: 500830

Week Low: 1356.80.

Week High: 1425.

Stock closed the week on positive note gaining 2.54%.

Week Range: 68.2 points.

Colgate-Palmolive (India) Ltd

RESISTANCE 1.
1425.

SECTOR: FMCG.

SUPPORT 1.
1357.

. Technically on the daily charts EquityPandits Analyst see: Minor support on the disadvantage lies at 1356 levels, Minor resistance on the advantage is capped around 1429 levels.

SUPPORT 2.
1323.

WEEKLY PIVOT LEVELS:.

RESISTANCE 2.
1459.

.

Stock is trading above 200 days exponential moving average, suggests long term pattern is bullish. EquityPandit predict range for the week as on 1472 upside and on 1318 disadvantage

If stock breaches minor assistance on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1318 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 @ 1472.

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