Positional call – Buy CCL PRODUCTS above 285 sl 270 target 320-360

holding 1-2 month

technical study –  On price chart if we observe 50 MA its almost at 285 level and if stock price able to cross it and close above this we can assume its a up trend.

bullish trendline also suggesting that its having flow of demand at current level, but only levels can confirm the direction so we can buy above our given level.

If we observe RSI and price chart then we can see that recently it has given Positive convergance signal where stock given bottom but RSI fail to confirm it bottom and moved upwards.

so over all study inform us that stock still having chances for up movement if it able to confirm our level by closing above it.