CCL PRODUCTS (I) LTD
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CCL: TESTING CRITICAL DEMAND ZONE!

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⚡️Price Analysis:
1️⃣ Price testing major EMA confluence demand zone
2️⃣ Double top formation indicating distribution at higher levels although.
3️⃣ However, break below Dz could trigger further downside momentum

✨ Key Observations:
➡️ Strong Dz confluence at current levels (EMA + previous support)
➡️ FMCG sector is also expected to bounce back
➡️ Multiple failed attempts at highs created strong resistance
➡️ Market volatility impacting price action significantly

⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️

💬 What's your view on FMCG stocks? Share below! ✌️🔥 Happy Trading!✅🚀
Dagangan aktif
Price Tried to hold the zone but failed, overview changed.

syot kilat

Penafian

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