Colgate Palmolive Outlook for the Week (Nov 09,2020 – Nov 13,2020)

The present structure reveals that COLPAL share cost are moving in trend line break out. Stock easily closed above 100 EMA and 200 EMA support.

RESISTANCE 2.
1565.

Technically on the everyday charts EquityPandits Analyst see: Minor support on the downside lies at 1470 levels, Minor resistance on the advantage is topped around 1536 levels.

The present structure reveals that COLPAL share price are moving in pattern line break out. Stock comfortably closed above 100 EMA and 200 EMA support. Bullish white body appeared on the candle light. In nutshell, COLPAL seems to be positive.

SECTOR: FMCG.

ASSISTANCE 2.
1433.

Weekly Support & & Resistance for COLPAL:.

Weekly Range: 66.10 points.

Stock is trading above 200 days rapid moving average, suggests long term pattern is bullish. EquityPandit predict range for the Weekly as on 1565 upside and 1433 on drawback.

SECTOR: FMCG.

Weekly High: 1528.15.

RESISTANCE 1.
1536.

COLPAL closed the Weekly on unfavorable note loosing 0.63%.

For the Week: (Nov 09,2020– Nov 13,2020).

ASSISTANCE 1.
1470.

Weekly Low: 1462.05.

Colgate Share Price: 1507.20 (NSE).

If stock breaches small support on the drawback and closes listed below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1433 and If stock breaches small resistance on the advantage and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1565.