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Technicals for CCL Products (India) Limited
By MusingTheNews
2025-09-04 20:24
Overall Technical outlook
Price Summary
On 2025-09-03, CCL's stock started at 922.0, reached a high of 962.0, fell to 917.0, and ended 1.21% up at 933.2, with 241251 shares traded. The stock reached its highest price of 933.2 and its lowest price of 550.8 during the 52-week period. Analysts predict that the future price will fluctuate between 681.0 and 1140.0, with the mean expected price being approximately 923.7.
Technicals
Support and Resistance: With the current price at 933.2, support is found at 927.6 and resistance at 927.6. These levels indicate where buyers might step in at 927.6, while sellers could limit gains at 927.6, defining a trading boundary for CCL Products (India) Limited. Support/Resistance for CCL
Aroon: The AROON indicator is pointing to a bullish trend, with the Aroon Up rising and the Aroon Oscillator remaining high. This suggests that the price trend will likely continue upward. The persistence of the Aroon Oscillator at a high level indicates strong bullish momentum, signaling that the upward trend is likely to be sustained. Aroon chart for CCL Products (India) Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for CCL Products (India) Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for CCL Products (India) Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for CCL Products (India) Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for CCL Products (India) Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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