Monday 3 July 2017

Special Report on Stock CCL Porducts

CCL PRODUCTS:


The stock CCL Products is strong bullish in Daily Chart . CCL Products, incorporated in the year 1961, is a Mid Cap company (having a market cap of Rs 3806.59 crore) operating in Tea/Coffee sector. CCL Products key Products/Revenue Segments include Coffee which contributed Rs 692.12 crore to Sales Value (96.92 per cent of Total Sales), Other Operating Revenue which contributed Rs 21.94 crore to Sales Value (3.07 per cent of Total Sales)for the year ending 31-Mar-2017. But the stock encountered a key resistance at 295 . if the stock break the level of 295 will seed jumped around 10 percent in a next week. The buying interest is evident as the daily and weekly chart. It can extend its uptrend and reach the price targets of 310  in the upcoming trading session. Buy the stock with stop loss at 275.

  

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