CCL PRODUCTS (I) LTD
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CCL Prod || Fake Positive Run + Low Volume

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1.Started with a Daily Time Frame, the zone is multi level support zone which has been tested for more than 5 times.

2.Next we came to 4H time frame and saw the stock is in a down trend and hence looking only for a sell trade.

3.Later we came to Hourly , 30Min chart which gave us the important key levels for support and retests.

4.On 15 Min chart we saw the candle is exactly rejected from a key zone and hence a sell trade would be better option.

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Hi! One should always trade what they see and not what they feel.

I might be wrong or right but what matters the most is how much you are willing to loose...

Happy investing.
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