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CCL Products - Potential Reversal Candidate
CCL PRODUCTS (I) LTD
Long
CCL Products - Potential Reversal Candidate
By rdkriplani
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May 22
5
May 22
With coffee prices starting to trend upwards globally because of the production issues in Vietnam...the stock could see a good uptick..
Long at current price with a stoploss below 539. This zone has previously worked as a support zone.
The stock could gain strength above 610 when it crosses the 200EMA.
Trend Analysis
rdkriplani
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