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Technicals for CCL Products (India) Limited
By MusingTheNews
2025-08-15 20:27
Overall Technical outlook
Price Summary
CCL Products (India) Limited's stock opened at 864.6 on 2025-08-13, surged to a high of 864.6, hit a low of 841.1, and closed up -0.78% at 857.85, with 129572 shares traded. Throughout the 52-week period, the stock hit a high of 927.6 and a low of 550.8. CCL's future price is expected to lie between 681.0 and 1140.0, with an average expectation of 923.7, as per the recommendations of 10 analysts.
Technicals
Support and Resistance: The price of 857.85 is supported at 833.7 and capped by resistance at 876.85. These levels mark key points for CCL Products (India) Limited where the price could find stability, with 833.7 as a floor and 876.85 as a ceiling. Support/Resistance for CCL
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for CCL Products (India) Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for CCL Products (India) Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for CCL. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for CCL Products (India) Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for CCL Products (India) Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages signals a bearish trend, which is reinforced by their downward slopes. The consistent decline in these averages suggests that the market is entrenched in a bearish trend. This alignment and the reinforcing slopes indicate a continuing bearish trend, with the market likely to maintain its downward trajectory for the foreseeable future. Tripple SMA chart for CCL Products (India) Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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