๐ COLPAL | Double Bottom Retest + Volume Breakout
๐ Pattern Setup:
๐น Double Bottom retest spotted
๐น Bullish Engulfing candle at support
๐น Breakout candle with strong volume surge
๐ Technical Snapshot:
RSI: 58 โ Healthy momentum
MACD: Bullish crossover
CCI: 107 โ Strong positive bias
Stochastic: 89 โ Overbought but strong
Volume: 1.22M vs 626k avg โ โก Breakout confirmed
๐ Levels to Watch:
๐ผ Long Entry: Above 2357.9
๐ฝ Stoploss: Below 2243
๐ฏ Targets: 2472 | 2587
๐ Pullback Buy Zone: 2291โ2273
โ Invalidation: Below 2207
โก Resistance Levels: 2382 | 2424 | 2490
โก Support Levels: 2274 | 2208 | 2167
๐ฏ Fibonacci Zones: 2378 โ 2449 โ 2519 โ 2619 โ 2747
๐ก View:
COLPAL is breaking out from a Double Bottom Retest with strong volume & bullish signals. Sustaining above 2358 could open the gates towards 2472 โ 2587 in the short term.
๐ Bias: Bullish till 2207 holds.
โ ๏ธ Disclaimer โ Please Read Carefully
The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment advisor, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Trading โ whether in stocks or options โ carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results.
If you are a beginner, treat this as a guide to understand how the market works โ practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial advisor before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments.
๐ฌ Found this useful?
๐ผ Give this post a Boost to help more traders discover clean, structured learning.
โ๏ธ Drop your thoughts, questions, or setups in the comments โ letโs grow together!
๐ Share with fellow traders and beginners to spread awareness.
๐ โIf you liked this breakdown, follow for more clean, structured setups with discipline at the core.โ
๐ Stay Calm. Stay Clean. Trade With Patience.
Trade Smart | Learn Zones | Be Self-Reliant ๐
๐ Pattern Setup:
๐น Double Bottom retest spotted
๐น Bullish Engulfing candle at support
๐น Breakout candle with strong volume surge
๐ Technical Snapshot:
RSI: 58 โ Healthy momentum
MACD: Bullish crossover
CCI: 107 โ Strong positive bias
Stochastic: 89 โ Overbought but strong
Volume: 1.22M vs 626k avg โ โก Breakout confirmed
๐ Levels to Watch:
๐ผ Long Entry: Above 2357.9
๐ฝ Stoploss: Below 2243
๐ฏ Targets: 2472 | 2587
๐ Pullback Buy Zone: 2291โ2273
โ Invalidation: Below 2207
โก Resistance Levels: 2382 | 2424 | 2490
โก Support Levels: 2274 | 2208 | 2167
๐ฏ Fibonacci Zones: 2378 โ 2449 โ 2519 โ 2619 โ 2747
๐ก View:
COLPAL is breaking out from a Double Bottom Retest with strong volume & bullish signals. Sustaining above 2358 could open the gates towards 2472 โ 2587 in the short term.
๐ Bias: Bullish till 2207 holds.
โ ๏ธ Disclaimer โ Please Read Carefully
The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment advisor, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Trading โ whether in stocks or options โ carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results.
If you are a beginner, treat this as a guide to understand how the market works โ practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial advisor before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments.
๐ฌ Found this useful?
๐ผ Give this post a Boost to help more traders discover clean, structured learning.
โ๏ธ Drop your thoughts, questions, or setups in the comments โ letโs grow together!
๐ Share with fellow traders and beginners to spread awareness.
๐ โIf you liked this breakdown, follow for more clean, structured setups with discipline at the core.โ
๐ Stay Calm. Stay Clean. Trade With Patience.
Trade Smart | Learn Zones | Be Self-Reliant ๐
๐ STWP | Mentor | Demand & Supply Specialist
๐ฏ Helping you become a self-reliant & independent trader
๐ Learn more: simpletradewithpatience.com
๐ฒ WhatsApp: wa.me/919987567889
๐ Trade with Clarity. Learn with Patience.
๐ฏ Helping you become a self-reliant & independent trader
๐ Learn more: simpletradewithpatience.com
๐ฒ WhatsApp: wa.me/919987567889
๐ Trade with Clarity. Learn with Patience.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
๐ STWP | Mentor | Demand & Supply Specialist
๐ฏ Helping you become a self-reliant & independent trader
๐ Learn more: simpletradewithpatience.com
๐ฒ WhatsApp: wa.me/919987567889
๐ Trade with Clarity. Learn with Patience.
๐ฏ Helping you become a self-reliant & independent trader
๐ Learn more: simpletradewithpatience.com
๐ฒ WhatsApp: wa.me/919987567889
๐ Trade with Clarity. Learn with Patience.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.