Domestic markets are witnessing a mild recovery after recent sharp declines, supported by a pause in Iran-Israel tensions and softer crude prices. According to reports from The Economic Times, analysts recommend CCL Products and CMPDI citing strong technical setups, positive momentum and bullish chart patterns. However, sentiment remains fragile with continued FII outflows and higher bond yields highlighting persistent concerns around evolving global macro dynamics. Focus is now on the upcoming US inflation data, which will be key in shaping expectations on Fed policy and global liquidity, especially given resilient US economic data. In the near term, analysts say markets are likely to remain volatile and range-bound, with investors staying cautious until clearer global cues emerge, even as Q4FY26 earnings were slightly better while the outlook for Q1FY27 remains weak.
CCL Products is showing strong bullish momentum on the weekly chart as the price is trading above all major EMAs (20/50/100/200), confirming a sustained uptrend. As reported by The Economic Times, the recent breakout above ₹1,120 with strong volume indicates fresh buying interest, while RSI near 65 reflects healthy momentum without extreme overbought conditions. The structure remains positive as long as the stock holds above the breakout zone. Virat Jagad, Sr Technical Research Analyst at Bonanza Portfolio, highlights that the recent breakout above ₹1,120 with strong volume indicates fresh buying interest, while RSI near 65 reflects healthy momentum without extreme overbought conditions.
CMPDI is showing a strong bullish structure on the daily chart with the stock sustaining above the 20 EMA and holding firmly near the ₹220–225 demand zone. According to The Economic Times, recent price action indicates consolidation after a sharp rally, which is healthy for continuation of the uptrend. Volume activity remains supportive, while RSI near 62 signals positive momentum without entering overbought territory. Virat Jagad, Sr Technical Research Analyst at Bonanza Portfolio, notes that CMPDI is showing a strong bullish structure on the daily chart with the stock sustaining above the 20 EMA and holding firmly near the ₹220–225 demand zone, with recent price action indicating consolidation after a sharp rally.
In the near term, analysts say markets are likely to remain volatile and range-bound, with investors staying cautious until clearer global cues emerge. As reported by The Economic Times, focus is on the upcoming US inflation data, which will be key in shaping expectations on Fed policy and global liquidity, especially given resilient US economic data. Q4FY26 earnings were slightly better while the outlook for Q1FY27 remains weak, contributing to the cautious market sentiment. The volatility persists due to FII outflows and global uncertainties, even as domestic markets show signs of recovery after recent declines.
