Colgate-Palmolive near MONTHLY TRENDLINE- BUYING SETUP

Colgate-Palmolive (India) -

1. Has been following up trend line since 2009 as visible in the chart.

2. Expected to follow the trend line.

3. Entry - for long term some part can be added at current levels. Major buying can be done when price breaks the trend line in DAILY time frame but reverses and closes above it. Entry on high break of this candle.