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‼️😄
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💡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.
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💡It is looking to double the Vietnam capacity from the current 13,500 tones given higher than...
This Trade idea is for 24 .01.2022
CMP : 460.90
Buy on CMP or Dip if you get entry.
Target: 490 1:1 Reward
StopLoss : 430.35
But little resistance on 482 and 487 will be there.
Note For Safe Trade:
Always know your risk before taking entry..
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...
After long consolidation ,Coming out of zone
Showing Good Volume spurts
TGT - 500 & 520+
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
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
second 575
third 625
Stop loss 355, Risk reward 1:3
Thanks
This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our...
Subsequent to huge breakout stock retraced support line & reversing back with good volume
Both 50 & 200 EMA are in raising trend.
Refer chart for levels
![CCL: Swing Stock 2-3 Days Hold CCL [ Long ]](https://s3.tradingview.com/t/TSuZC9W7_mid.png "Swing Stock 2-3 Days Hold CCL [ Long ]")
