Analyst Recommends Colgate-Palmolive Amidst Market Volatility
Among geopolitical problems, Selection Broking’s Sumeet Bagadia has highlighted Colgate-Palmolive (India) as a possibly rewarding investment, citing a strong technological outbreak on the once a week graph.
- Recommendation: Purchase around 2, 200, accumulating as much as 2, 160
- Targets: 2, 420 and 2, 530 in the medium term.
- Technical Indicators: Supply trading above 50 and 100 -day moving standards with the RSI over 50
- Catalyst: Outbreak verified by solid trading quantities, supported by the supply moving past a falling wedge pattern on the once a week graph around the 2180 degree.
Financiers are recommended to consult economists before making financial investment choices.