DSKF16

CCL: Have a TEA B.R.E.A.K

Long
DSKF16 Updated   
NSE:CCL   CCL PRODUCTS(IND)
2
CCL: Have a TEA Break (Needs More TEA to Purchase)
Bullish BAT
B = 0.382-0.50 of XA, Here 0.402 Criteria Fulfilled.
C = 0.382-0.886 of AB, Here 0.653 Criteria Fulfilled.
D = 1.618-2.618 of BC, Here 2.659 Criteria Fulfilled.
D = 0.886 of XA, Here 0.837 Criteria Fulfilled.

SWING / SHORT TERM LEVELS
Res.: @ 279.3, @ 283.5, @ 290.3, @ 295.5, @ 298.7-301 (HZ),
Sup.: @ 269.5, @ 266.5 - 264.3(Bounce Zone), @ 258.6.
More on the Chart.

Candle Pattern: Bullish PIN
Bullish PIN Criteria:
Lower Shadow: 2/3rd of WCL (Whole Candle Length)
Here High: 277 & LOW: 269.90, So WCL : 277-269.90 = 7.10
According to Criteria Lower Shadow must be : 2/3rd of WCL = 2 x 7.1 / 3 = 4.73

Here Lower Shadow: 274.65(CLOSE)-269.9 (LOW) = 4.75

Good Fundamental, Consistent Performer in Tea Segment.
Technical Indicators Looks Good to Reverse.

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Disclaimer: Only For STUDY. For taking Trade Decision Consult Financial Advisor.
Trade active:
Made a High @ 282, near RES #2 @ 283.5
Trade active:
Made a high @ 298. Mentioned Hurdle Zone.
For more TGT follow chart.

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