rdkriplani

CCL Products - Potential Reversal Candidate

Long
NSE:CCL   CCL PRODUCTS(IND)
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.