Recent Price Movement and Market Context
CCL Products has experienced a downward trend over the last two trading sessions, with a cumulative loss of 5.78%. On 05-Dec, the stock underperformed its sector by 4.24%, touching an intraday low of ₹934.5, down 4.26% from the previous close. The weighted average price indicates that a larger volume of shares traded near the day's low, suggesting selling pressure during the session. Despite this, the stock remains above its 50-day, 100-day, and 200-day moving averages, although it is currently trading below its 5-day and 20-day averages, signalling short-term weakness amid longer-term strength.
Investor participation appears to be waning, with delivery volumes on 04-Dec falling by 23.83% compared to the five-day average. This d...
Read More










