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.