Powered by: Motilal Oswal
2025-07-07 11:58:01 am | Source: Jainam Share Consultants
Buy Colgate Palmolive (India) Ltd For Target Rs. 2653.00 by Jainam Share Consultants
Buy Colgate Palmolive (India) Ltd For Target Rs. 2653.00 by Jainam Share Consultants

Colgate Palmolive (India) Ltd

Buy Colgate Palmolive (India) Ltd CMP 2480.00  Price 2480.00 Target 2653.00  Stop loss 2370.00 Holding Periond 1 Month

* The stock price trading at Rs. 2480.00 on 07th JULY,2025.

* Currently the stock has given bullish chart pattern formation which resemble as Double Bottom pattern breakout on daily chart.

* At this point, the price is trading above both the 10 EMA and 20 EMA, which indicates a continuation of bullish momentum. Additionally, the momentum indicator RSI is gradually rising and approaching the 60 level, suggesting strengthening positive * *  sentiment in the stock.

* We expect the stock price to continue its current bullish momentum and head towards 2600 - 2653 levels considering the current price action.

 

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here