CCL LongExciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: CCL
🔍 Description: Stock has a big value in coffee segments. We can see huge upisde in the stock. Supported by the Weekly Volumes
Its a Buy on dip stock.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
CCL trade ideas
CCL Products (India) LtdCCL Products (India) Ltd.
ABOUT
CCL Products (India) is engaged in the production, trading, and distribution of Coffee. The Company has business operations mainly in India, Vietnam, and Switzerland countries.
KEY POINTS
Company History CCL was initially registered as The Sahayak Finance and Investment Corporation Limited in 1961. The name was changed to Continental Coffee Limited in 1994 when it started producing instant coffee, and finally to the present name of CCL in 2002.
Products
Spray Dried Coffee Powder
Spray Dried Coffee Granules
Freeze Dried Coffee
Freeze-Concentrated Liquid Coffee
Roast & Ground Coffee
Roasted Coffee Beans
Premix Coffee
Product Details
CCL Products produces 250+ blends of Instant coffee for leading global coffee manufacturers in 90+ countries which constitutes the export business. It is the world's largest private label manufacturer with capacities of 35,000 Metric tonnes in both Spray-dried (24,000 tonnes) and Freeze-dried (11,000 tonnes) capacity with plants in India, Vietnam, and agglomeration capacities in Switzerland.
Leading Coffee Brand
The branded business in the domestic market has been growing aggressively to become the number 3 instant coffee brand in India. In FY22 ‘Continental Coffee’ won the prestigious Brand of the Year award conferred by Marksmen Group, in association with India Today.
Manufacturing Facilities
the company has state-of-the-art Soluble Instant Coffee Manufacturing located in Andhra Pradesh, India. The company has the distinction of setting up India’s first Freeze. Dried Instant Coffee Manufacturing Plant in the year 2005 at this facility. With an emerging demand for its freeze-dried coffee, one more freeze-dried unit has been put up at Kuvvakolli, Andhra Pradesh.
Manufacturing Process
• Green beans storage, cleaning, and grading
• Roasting and Grinding
• Extraction / Clarification
• Evaporation and Aroma recovery
• Spray Drying
• Agglomeration
• Freeze–drying
• Freeze Concentrated Liquid Coffee
• Packing
Domestic Business:
The domestic business includes B2B (manufacturing of instant coffee for private labels) and B2C Businesses (Continental Brand). It is building up a strong brand with a distribution reach of 75,000 outlets and has a 4% market share in South India.
TECHNICAL ANALYSIS.
Time Frame - 1D.
1. High traded and delivered quantity.
2. Close crossing 52 Week High.
FUNDAMENTAL ANALYSIS.
Sector: Plantation & Plantation Products
Industry: Tea
1. Market Cap - ₹ 7,475 Cr.
2. Stock P/E - 33.7
3. Price to book value - 5.57
4. Debt to equity - 0.60
5. Free Cash Flow - ₹ -89.2 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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Buy Today, Sell Tomorrow: CCLDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in CCL
Buy Today, Sell Tomorrow: CCL