Buy CCL Products for Positional Trading as well as Investment.đžđ„đž
Comment your viewsâŒïžđ
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đĄManagement highlighted that for FY22 they have already booked the entire capacity and are now looking to secure orders for FY23, an exceptionally positive situation for CCLP.
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đĄIt is looking to double the Vietnam capacity from the current 13,500 tones given higher than industry growth for CCLP in Instant Coffee.
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âïž Technically & Fundamentally StrongđȘđȘ
The company recently posted an Amazing Q3 Result.
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âŒïž The stock had given a Multi-Year Volume Breakout in July 2021 and then it was in a retracement phase forming a Rounding Bottom at Multi-year support level. Now with the volume breakout on Daily TF too, we can expect a strong uptrend from current levels.
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đ@technofunda_traderâ
Few Important rules from my Trading Philosophy:â
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
â 5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share đđđ
Comment your viewsâŒïžđ
.
đĄManagement highlighted that for FY22 they have already booked the entire capacity and are now looking to secure orders for FY23, an exceptionally positive situation for CCLP.
.
đĄIt is looking to double the Vietnam capacity from the current 13,500 tones given higher than industry growth for CCLP in Instant Coffee.
.
âïž Technically & Fundamentally StrongđȘđȘ
The company recently posted an Amazing Q3 Result.
.
âŒïž The stock had given a Multi-Year Volume Breakout in July 2021 and then it was in a retracement phase forming a Rounding Bottom at Multi-year support level. Now with the volume breakout on Daily TF too, we can expect a strong uptrend from current levels.
.
đ@technofunda_traderâ
Few Important rules from my Trading Philosophy:â
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
â 5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share đđđ