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...
HELLO GUYS THIS MY IDEA 💡ABOUT CCL is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for...
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
NSE:CCL
CCL Products (India) Limited, a listed public company limited by shares was founded in the year 1994 with the vision of creating only the finest and the richest coffee in the world. At CCL Products we have taught ourselves to do business with integrity, commitment, customer orientation and an unwavering effort to maintain the highest quality standards in...
You can check the previous updates
CCL Products Ltd (CCL) is in the business of converting raw coffee beans into instant coffee granules/powder. The company is not only
India’s largest coffee processor, but it has the world’s largest single location plant and has top private label instant coffee manufacturers
across the globe as its clients. While prima facie it...
CCL Products has formed ascending triangle on daily charts. Stock needs to close above 255 for further move till 270-280 levels.
volumes need to increase a bit .
CCL products on watch
