Trading ideas by Bharat Gala of Ventura Sec: Buy Thermax, CCL Products

From 740 in November 2020, Thermax entered an uptrend, making several higher bottoms at 880-940-1140

CCL Products

CMP: Rs 268

Target: Rs 375-425

Buy area: (261-254)-248-(244-240)

Stop loss: Rs 225

After CCL Products started its up move from 137 in March 2020, a series of higher bottoms followed, at 175 in May 2020 and 220 in July 2020. Then, the stock made a high of 294 in Aug 2020 and entered a sideway move in the range of 231 and 295 from Aug 2020 to April 2021. Recently, it has given a breakout and made a high of 273. The KST, Demand index and ADX indicators suggest the strong possibility