As per my analysis, best level to take upside entry on NSE:CCL is 488 with stop loss of 475 (13 Points)
Can hold long for targets of 498, 506, 515 & 526.
Note: This is my personal analysis, only for learning. Thanks.
About CCL Products (India) Limited ::::
CCL Products (India) Limited manufactures, trades in, and sells instant coffee and coffee related...
Consistent rejections can be seen along the 2.618 circle line (red hammers)
Drawing the major trend line we can see bottom formations continually forming a long here
Right now the bottom formation present is more reliable than ever due to its placement in relation to 1.618 fib
A double bottom will form on this Weekly chart and reject upwards
So I did a bigger picture and yes normally our focus is on penny stocks. But that also involves looking at broader trends. So, travel and leisure penny stocks, for instance. Sub $5 stocks like TRVG LTRPA and AHT are all at "risk" of pressure from negative sentiment in larger market trends. CCL has been somewhat a bellwether for certain travel & leisure...
CCL confirms the pattern of the rising triangle and the target is very good, code on etoro: CCL.L
- Volum breack out good .
CCL.L BUY : $(1560 - 1570)
TARGET $(2350 - 2370)
STOP LOSS : 8% lever : NO
Wish you good deals!
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
