COLPAL

Fundamental View- Colgate-Palmolive (India) Ltd. is one of India’s leading FMCG companies and a market leader in the oral care segment. Its key products include toothpaste, toothbrushes, and mouthwash, with a strong brand presence across the country. Technical View- As seen on the daily chart, the stock has been in a continuous downtrend following the company's result announcement. Since the beginning of the month, the stock has shown consistent weakness. On 13th June 2025, the stock witnessed a sharp fall and made a low of 2346.50. From that level, a correction phase began, and the stock has been making gradual attempts to recover. Technically, the structure still appears weak as indicators like the MACD line, RSI, and Parabolic SAR are all showing short-term bearish signals. However, what I have observed is that the stock is managing to hold the crucial support zone of 2340-2350 and is slowly attempting to test its 14-Day EMA, which currently lies around the 2415-2420 level. Even yesterday, the stock made a low of 2354 and closed at 2375.70. Today as well, the stock made a low of 2377.90 and is currently trading around 2395. This indicates that the stock is trying to hold above the key support zone. Strong buying momentum is likely to emerge only if the stock sustains above its 14-Day EMA and decisively crosses the 2450 level. From a long-term investment perspective, the stock can be accumulated with a stop loss at 2300. In my view, the stock is likely to hold its 14-Day EMA soon and has the potential to touch the 2500 level within this month itself.