COLPAL Trendline resistance
• **Colgate-Palmolive is approaching a major falling trendline resistance** that has capped every rally since mid-2025. The recent recovery has brought price back to this decision zone near ₹2,100–2,150.
• **Support:** ₹1,980–2,000 followed by ₹1,800–1,850 | **Resistance:** ₹2,150–2,200 (trendline resistance). A decisive breakout above the trendline would signal a potential trend reversal after a prolonged decline.
• Until the trendline is convincingly broken, the stock remains in a corrective structure. However, repeated tests of resistance often weaken supply, making this an important setup to watch for a bullish breakout.
COLPAL
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