COLPAL
COLPAL
Price: ₹2,000–₹2,080 range
Market Cap: ₹5.5 lakh crore
P/E: 42 (very high valuation)
Dividend Yield: 2.3%
52-week range: ₹2,006 – ₹2,747
Trend
Price is below 20-DMA, 50-DMA and 200-DMA → indicates medium-term downtrend.
RSI around 25–37 → stock is near oversold zone, bounce possible.
Key Levels
Support zones
₹2,000 – ₹1,980 (major support)
₹1,930 – ₹1,900 (strong demand area)
Resistance zones
₹2,120 – ₹2,150
₹2,250 – ₹2,300
👉 If ₹1,980 breaks, stock may slide toward ₹1,900–₹1,850.
#TechnicalViews#WatchOutFor#EquityResearch#HiddenGems#Post-ClosingCommentary

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