Colgate-Palmolive India Stock Shows Bullish Setup as Upside Targets Loom

Choice Broking flagged Colgate-Palmolive (India) Ltd. (COLPAL) as a technical pick for International Women's Day in 2026. Sumeet Bagadia, Executive Director at Choice Broking, said charts showed a bullish setup. The pattern suggested further upside over the coming weeks. The view focused on price action, volume, and key supports.

The weekly chart showed a breakout from a falling wedge near 2180. COLPAL also retested the breakout line during the current week. The move came with strong volumes, indicating active buying. The stock stayed above the 50-DMA and 100-DMA. RSI held above 50, pointing to steady momentum.

The brokerage trading plan stayed centred on defined entry, support, and targets. Accumulation was suggested near 2200, with additions allowed down to 2160. The 100-DMA was placed near the same band. A downside risk level was marked at 2029. The upside levels cited were 2420 and 2530.

Stock	Action	Buy zone	Targets	Key support
Colgate-Palmolive (India) Ltd. (COLPAL)	Buy	2200 up to 2160	2420 / 2530	2029

On March 6, 2026, COLPAL rose 0.20% and closed at Rs 2,205.00 on the NSE. Volume stood at 2,33,352 shares, which indicated firm activity. The session high was Rs 2,220.00. The day’s low was Rs 2,196.40. Over 52 weeks, COLPAL moved between Rs 2,747.40 and Rs 2,029.40.

From a valuation view, the company’s market capitalisation stood near Rs 59,962 crore. Colgate-Palmolive (India) Limited was founded in 1937. The business operated with brands such as Colgate and Palmolive. Axis Direct and Screener data showed a 3-year average ROE of 71.69%. ROCE was listed at 96.93%.

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