KISS - More than 120% return!! COLPAL
KISS - Keep It Simple Stupid
COLPAL buy shared on march 4 2022, price was around 1500, since then price has given
MORE THAN 120% RETURN.
Check the investment idea shared earlier -
https://in.tradingview.com/chart/COLPAL/mMmWDRVU-Colgate-Palmolive-near-MONTHLY-TRENDLINE-BUYING-SETUP/
Below are steps of a simple Trendline strategy-
1. Filter -
a. Stock price less than 5000.
b. Should be liquid(good volume).
2. Time frame - Weekly
3. Find trend of the stock - should be in Up Trend.
4. Check if its following a trendline. Should be at least an year long, longer the better.
5. Check market sentiment - Check trend of Nifty.
Buy if Nifty is in UP or sideways trend. Do not buy if Nifty is in downtrend.
6. BUY - on test of trendline.
Follow strategies that make money even if they seem to be very simple. We are here to make money not to do phd in complex strategies.
COLPAL buy shared on march 4 2022, price was around 1500, since then price has given
MORE THAN 120% RETURN.
Check the investment idea shared earlier -
https://in.tradingview.com/chart/COLPAL/mMmWDRVU-Colgate-Palmolive-near-MONTHLY-TRENDLINE-BUYING-SETUP/
Below are steps of a simple Trendline strategy-
1. Filter -
a. Stock price less than 5000.
b. Should be liquid(good volume).
2. Time frame - Weekly
3. Find trend of the stock - should be in Up Trend.
4. Check if its following a trendline. Should be at least an year long, longer the better.
5. Check market sentiment - Check trend of Nifty.
Buy if Nifty is in UP or sideways trend. Do not buy if Nifty is in downtrend.
6. BUY - on test of trendline.
Follow strategies that make money even if they seem to be very simple. We are here to make money not to do phd in complex strategies.
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