Cleanscience
Cup and Handle Breakout Brewing Up. NSE:CLEAN is about to cross major resistance if crossed it will also confirm cup and handle breakout. A Close above 1700 Will be Crucial for confirmation.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
CLEAN SCIENCE - About to enter Stage-2 after big Accumulation ? The analysis is done on Weekly TF.
The purpose of sharing this analysis is to make viewers understand the stage concept
Legendary Trader - Stan Weinstein has introduced this concept of Stage analysis of a stock.
A stock goes through 4 stages in its lifetime and the cycle repeats.
Check below charts to understand the concept and results better -
1) CAMS -
2) GUJGASLTD -
The stock - CLEAN SCIENCE has been in accumulation phase for more than 570 days and now seems to be coming out of its stage-1 and entering into Stage-2
A stock moves fastest in its stage-2 and hence a stock entering stage-2 should always be on our radar for opportunities if we want to make good money.
This concept of Stage analysis has been used by many traders/investors like Mark Minervini and others.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Clean Science Watching out for breakout attemptClean Science has been on the down trend for quite some time and later went to the accumulation phase.
Showed a break down when it crossed the blue line on the chart. Attempts were made to cross it on the up and clearly it's the 3rd attempt to cross it.
If it crosses the levels of 1428 decisively then it can show good levels in the coming weeks to months. Based on Fibonacci pattern expecting some momentum atleast 2-3 blocks if supported by volumes as well.
Levels to watch on the up are 1430-1489-1567-1682-1729-1778-1826 ...
whereas the support is at 1308-1244.
No recommendations, just my view based on chart pattern.
CLEAN Analysis & Prediction For Swing TradingThis is the analysis of CLEAN in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About CLEAN :
Clean Science & Technology Ltd. manufactures chemicals. The firm’s products include Anisole, Mono Methyl Ether Of Hydroquinone, Guaiacol, 4-Methoxy Acetophenone, Butylated Hydroxy Anisole, L Ascorbyl Palmitate, and Dicyclohexylcarbodiimide. The company was founded on November 7, 2003 and is headquartered in Pune, India.
CLEANCLEAN SCIENCE stock is trying to hold above 1400 price level and it is expected to give breakout in some weeks. Price above 1450 can start its new journey and the company is DEBT FREE, Profit and reserves are getting better. Anyone who is planning to invest in LONG TERM based stocks can consider this one for your portfolio.
Clean science showing a clean breakoutLogic:
Stock has been consolidating in a small range of 1250-1450 since past 7-8 months.
A weekly closing above 1500 can be a good sign for reversal.
Breakout Confirmation above 1600 DCB. RSI is strong with positive divergence.
Chemical sector is showing reversing signs as well.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Parallel Channel
📌 Symbol/Asset: Clean Science & Technology LTD
🔍 Description: Stock is at minor support, best buy region lies near 1315~1320
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Monday could be crucial for this scripPrice respected the 20 DMA and even closed slightly above 40DEMA.
Monday if it could sustain the 20 DMA again on closing basis, we could see the next up move developing.
We would be happy to see the price take expected path marked.
We are invested, please do your own due diligence before investing.
Inverse Head and Shoulder in Clean ScienceChart -> Clean Science Weekly
As we can see a beautiful inverse head and shoulder has formed in Clean Science after a downtrend.
CMP: 1920
Good to add: 1775to1850
Targets: 2085, 2383, 2700
SL: 1677, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Clean science is at juicy levelsClean science been consolidating for about 2.5 Months now and gave a real good breakout from a range in inverse head and shoulder pattern formation. The prior downtrend shows that there is consistent pressure from sellers but a turnaround after consolidation shows that bulls taken charge again. Also the big 200MA also taken out by bulls.
The only concern here is that breakout volume is low. So say, if in upcoming weeks the volume also picks up, then we can enter at value levels of 1800 and around it.
Happy Trading :)
Disc: Chart posted only for learning purpose.