| CMP# | 1168.75 |
| Idea | BUY |
| Buy Range | 1165 – 1180 |
| Target | 1235 – 1250 |
| StopLoss* | 1140 |
| Duration | 15 – 20 Trading Sessions |
| Potential Return^ | 6 – 7% |
| CMP# | Idea | Buy Range | Target | StopLoss* | Duration | Potential Return^ |
| 1168.75 | BUY | 1165 – 1180 | 1235 – 1250 | 1140 | 15 – 20 Trading Sessions | 6 – 7% |
# CMP on July 30, 2019
* Maintain recommended StopLoss by daily closing basis.
Once 1st target hit, reset StopLoss at 1202.
^ The returns are calculated based on CMP#
COMPANY OVERVIEW
Colgate-Palmolive (India) Ltd manufactures and trades oral-care, personal-care, household-care, and dentist care products. The Company offers various personal care products, such as toothpastes, toothpowder, toothbrushes, mouthwashes, soaps, cosmetics and toilet preparations. The company also offers a range of personal care products under the palmolive name.
| Stock Data | |
| NSE Code | COLPAL |
| Sectoral Index | Nifty FMCG |
| 52W High | 1354.8 |
| 52W Low | 1018.3 |
| Face Value | 1 |
TECHNICAL OBSERVATIONS (WEEKLY)
- The weekly chart of Colgate Palmolive Limited is displaying that the stock price was moving in a larger consolidation channel pattern in the last three years and is currently making an attempt to reach the upper boundary of the channel pattern.
TECHNICAL OBSERVATIONS (DAILY)
- Presently prices are on the verge of completing upside breakout from triangular pattern signals continuation of Uptrend
CONCLUSION - Colgate-Palmolive (India) SHARE PRICE FORECAST
Based on our positional trading advice of stocks, Colgate-Palmolive (India) share price target will be 1235 – 1250 in the next few days.