Stock Name - Ccl Products (india) Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 477.
#This is not Buy and Sell recommendation to any one. This is for...
1. Breakout of previous high to make new 52 W high.
2. Retested the breakout level.
3. Increasing volumes at breakout.
Weakness below 473
Promoters have increased holdings from 46.19% to 46.20% in Dec 2021 qtr.
FII/FPI have increased holdings from 9.21% to 9.29% in Dec 2021 qtr.
Mutual Funds have increased holdings from 15.71% to 16.45% in Dec 2021 qtr.
Buy CCL Products for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
💡Management highlighted that for FY22 they have already booked the entire capacity and are now looking to secure orders for FY23, an exceptionally positive situation for CCLP.
💡It is looking to double the Vietnam capacity from the current 13,500 tones given higher than...
This stock has possibly completed 4th wave and now possibly its in a wave 5, also it has witnessed breakout with good volume after sharp fall, now trend indicators are also suggesting towards north direction, so one can go long at current levels of in dips (if any), possibly price is targeting towards 566+.
overall wave counts
key levels are mentioned on...
share name : CCL Products India
call type : Poistional - Swing Trade
- Share is consolidating in a good range from a
long time in between price of 421 and 360
- We can see a good breakout in this share
- we can accumulate this share above 421
- Approachable targets :
first target 490
Stop loss 355, Risk reward 1:3
1.Started with a Daily Time Frame, the zone is multi level support zone which has been tested for more than 5 times.
2.Next we came to 4H time frame and saw the stock is in a down trend and hence looking only for a sell trade.
3.Later we came to Hourly , 30Min chart which gave us the important key levels for support and retests.
4.On 15 Min chart we saw the...