CCL trade ideas
CCL Products - Weekly breakout - Elliot wave ,Wave 3Small cap company backed by good fundamentals
Breakout in a weekly chart with very good volumes.
Can be considered as wave 3 in Elliot wave pattern too .
CCL what a beauty breakout of channelRegulation channel breakout, wait for pull back. Fantastic Sign of strength rally from top of channel. I am waiting for the pull back to 290, if it comes.
495-500 target.
CCL Products: 8 Months Falling Wedge BO + Double Bottom! Long pattern, more the consolidation more better it is. Neckline broken during last minutes.
CCL Products - CMP: 288 - Channel BreakoutIt has broken wedge pattern with a v. good delivery volume. ADX also indicating strength in the trend. All oscillators are in positive bios and indicating trend continuation. We can expect a wedge pattern breakout target near 335.
CCL Products 3yr Inverted Head and Shoulder BreakoutThe Tea/Coffee Sector is ready for its bull run.
Look at Tata Coffee and Jayshree Tea as well.
SL: Below Breakout candle
TGT: Carry position till it breaks 20MA on Hourly chart (on daily closing basis)
CCL Products - Chart AnalysisBuy above 268
SL 246
Target 291-323
Double Bottom
Down trend channel Breakout
RSI Bullish
CCL, 1D TF. Description: Can go long till the channel top.The stock price is forming a parallel channel pattern.
Description: Currently the price is at support levels of the channel pattern forming a double bottom & also the price reversal probability is confirmed by the formation of RSI divergence.
Note: please check the market conditions before initiating any trade.
CCL PRODUCTS EQUITY Levels...04/03/2021 (D Candle)😊CCL PRODUCTS EQUITY Levels...04/03/2021 (D Candle)
CCL Prod || Fake Positive Run + Low Volume1.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 candle is exactly rejected from a key zone and hence a sell trade would be better option.
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Hi! One should always trade what they see and not what they feel.
I might be wrong or right but what matters the most is how much you are willing to loose...
Happy investing.
