Colgate Palmolive (India) Limited (COLPAL)

has been making "lower highs" and "lower lows," which is a classic sign of a downtrend. It recently touched a 52-week low near 2,033. The price is trading below both the 10 EMA and 20 EMA,Crossover happened earlier in December, confirming the weakness. There is heavy selling pressure. However, the most recent candle shows a slight recovery from the lows, suggesting some "bargain hunting" at the 2030–2050 support zone. Unless it crosses and sustains above 2,160, the outlook remains weak. This analysis is provided for educational purposes only and should not be considered as financial advice or a recommendation to buy or sell any securities. Investing in the stock market involves market risks.