Colgate Palmolive Outlook for the Week (Aug 17,2020 – Aug 21,2020)

RESISTANCE 2.
1515.

The present technical setup shows that stock costs are relocating well channelized way. Cost listed below 1405 levels will drag rate towards 1375 or lower. The day-to-day stochastic RSI is bearish and crossover trades listed below the overbought zone.

RESISTANCE 1.
1463.

SUPPORT 2.
1354.

Technically on the day-to-day charts EquityPandits Analyst see: Minor assistance on the downside lies at 1382 levels, Minor resistance on the upside is capped around 1463 levels.

SECTOR: FMCG.

If stock breaches minor support on the disadvantage and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1354 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 @ 1515.

SECTOR: FMCG.

Weekly Low: 1405.75.

Weekly Range: 80.7 points.

The present technical setup shows that stock rates are moving in well channelized manner. Cost below 1405 levels will drag cost towards 1375 or lower. The everyday stochastic RSI is bearish and crossover trades listed below the overbought zone.

COLPAL closed the Weekly on unfavorable note losing 3.14%.

Colgate Share Price: 1411.15 (NSE).

Weekly Support & & Resistance for COLPAL:.

For the Week: (Aug 17,2020– Aug 21,2020).

Stock is trading above 200 days rapid moving average, recommends long term trend is bullish. EquityPandit predict range for the Weekly as on 1515 benefit and 1354 on downside.

ASSISTANCE 1.
1382.

Weekly High: 1486.45.