Colgate may see short-term bounce after Q1 miss: Analyst
Colgate stock fell 6.6% after weak Q1 results, but analyst Anupam Bajpai sees a short-term bounce likely. RSI hit 22.4 and candles closed below the lower Bollinger Band-both oversold signals. A recovery toward Rs 2,388 (20-DMA) is possible, but resistance is expected there. Stock is down 17% YTD; retail sentiment has turned neutral.