COLGATE PALMOLIVE LTD.
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COLPAL Set to Outperform Index Nifty 50

Attached: COLPAL/ NIFTY 50 Daily Chart as of 11th May 2023

The above Ratio Chart shows a Classic Bull Flag Setup within an Inverted Head & Shoulders Pattern. This is Bullish Evidence in favor of the Ratio Rallying Upwards

They say Buy Strength and Sell Weakness
Therefore this makes COLPAL a BUY given its Potential to Outperform!
Bullish FlagbullishpatternChart PatternscolgatepalmoliveCOLPALFlagfmcgstockHead and Shouldersinvertedheadandshouldersniftyfmcgoutperformerrelativestrength

Siddharth Bhansali

✔️Twitter Handle @T_Harth

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