CCL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 4.0

📈 Technical Analysis

• Chart Patterns: Stock is trading near its 52-week high (1,074 ₹), showing strong bullish recovery from lows.
• Moving Averages: Current price (967 ₹) is above both 50 DMA (958 ₹) and 200 DMA (853 ₹), confirming an uptrend.
• RSI: At 52.3, RSI is neutral, suggesting balanced momentum without overbought/oversold signals.
• MACD: Positive at 6.78, showing bullish crossover and short-term upward momentum.
• Bollinger Bands: Price is near the upper band, signaling possible resistance and short-term consolidation.
• Volume Trends: Current volume (1,26,649) is below 1-week average (2,50,035), indicating reduced participation near highs.

🎯 Momentum & Trade Zones

• Support Levels: 958 ₹ (50 DMA), 853 ₹ (200 DMA), and strong base at 800 ₹.
• Resistance Levels: 1,000–1,050 ₹ (near-term resistance), 1,074 ₹ (52-week high).
• Entry Zone: 950–970 ₹ (near support, favorable risk-reward).
• Exit Zone: 1,030–1,070 ₹ (near resistance/top band).
• Trend Status: Trending upward with bullish signals but mild consolidation risk near highs.

✅ Positive

• Price trading above both 50 DMA and 200 DMA.
• Quarterly PAT surged (112 Cr. vs 31.4 Cr.), showing strong earnings growth (+306%).
• EPS of 13.7 ₹ supports earnings visibility.
• DII holdings increased (+0.64%), showing domestic institutional confidence.

⚠️ Limitation

• High P/E ratio (70.5) compared to industry average (15.8), suggesting expensive valuation.
• ROCE (10.1%) and ROE (8.02%) are modest, indicating average capital efficiency.
• PEG ratio (-6.95) reflects negative growth expectations.
• Volume participation is weakening near resistance levels.

📉 Company Negative News

• FII holdings decreased (-0.12%), showing reduced foreign investor confidence.
• Debt-to-equity ratio of 0.69 is moderately high compared to peers.

📊 Company Positive News

• Quarterly PAT growth of 306% shows strong operational turnaround.
• DII stake increased, boosting investor sentiment.
• Stock trading at 82.1% of its 52-week range, reflecting strong recovery momentum.

🏭 Industry

• Industry P/E at 15.8, much lower than CCL’s valuation, suggesting premium pricing.
• FMCG and beverage sector benefiting from rising demand and export opportunities.

📝 Conclusion

• CCL is in a bullish trend, supported by strong earnings growth and technical strength.
• Valuations are stretched, and volume weakness suggests caution near resistance.
• Optimal strategy: Buy near support (950–970 ₹) and book profits near resistance (1,030–1,070 ₹).
• Short-term outlook: Consolidation near highs; long-term outlook remains positive with earnings growth momentum.