COLPAL closes at 896.85 with a fall of -1.30% on 15 April 2011 with formation of Small Black Candle on Daily Price Chart. Technically, COLPAL is in Overbought zone and finding huge Resistance at upper levels. VZO is showing weakness along with well known Stochastics and Swing 350 momentum indicators on daily chart.
We Recommend to SELL – COLPAL at CMP
Target-883/865/845
Time Frame- 20 Trading Days
Stop-Loss -911
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