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AALGO BREATHS I SEBI RA

20th Mar · SEBI-Registered Analyst

CCL Products (India) Ltd – Strong Bullish Structure Near Breakout

CCL
CCL Products (India) Ltd – Strong Bullish Structure Near Breakout The stock is showing a well-structured uptrend after base formation and is now approaching a crucial resistance zone with bullish momentum. 🔎 Technical Observations: • Clear double bottom formation indicating strong demand zone • Consistent higher highs & higher lows (uptrend intact) • Price respecting rising trendline support • Gradual volume pickup during upward moves • Momentum indicators turning positive 🔑 Key Levels to Watch: • Immediate Support: ₹1035 – ₹1000 • Major Support: ₹970 – ₹950 • Immediate Resistance: ₹1080 – ₹1108 🚀 Upside Targets: • ₹1108 • ₹1170 • ₹1200+ 📉 Risk Scenario: Breakdown below ₹1000 may weaken the bullish structure and lead to short-term consolidation or correction. ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📈

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