BEARISH PIERCING CANDLE HAS APPEARED WITH GOOD VOLUME. ITS TIME TO TAKE SHORT POSITION ONLY IF THE PRICE DROPS BELOW THE LOWER TAIL OF THE PIERCING CANDLE.

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Stock Ticker – NSE: COLPAL – Colgate Palmolive (India) Ltd. – CONSUMER GOODS
Bearish Trade plan:
Entry Level 1205 Target 1170 Stoploss 1239
Analyst Rating – :4/5
View Posted on 2019-08-13

6 Comments
  1. Author
    MOHAN KUMAR R 2 years ago

    Trade plan triggered.

  2. Suresh Surulimuthu 2 years ago

    Good analysis. Thanks for posting.

  3. Christopher Naveen 2 years ago

    Good analysis, appreciate your contributions.

  4. Christopher Naveen 2 years ago

    If you are short selling the stock, are you expecting the target to reach within a day.

    Since we are expected to closed the short positions on equities within the trading day.

    • Author
      MOHAN KUMAR R 2 years ago

      Thank you Christopher Naveen for your views and appreciation. Yes you are right the short position should be covered on the same day. Actually I am new to the market, I was doing the transaction for the past one month only that too I am taking only long positions. So I was not that much familiar with short positions. I hope some seniors may help us in this.

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