Stock where Promoter, DII and FII increasing StakeIntroduction:
Chaman Lal Setia Exports Limited (CLSE) was incorporated in Amritsar, Punjab in 1994 by Mr. Chaman Lal Setia and his sons. It’s one of the oldest Rice Millers cum Exporters of Basmati rice of all varieties from India.
The company is engaged in the business of milling and processing basmati rice. The company has been involved in export operations since 1982 and was recognized as an export house by the Ministry of Commerce in 1989, at present the company is a ‘Star Export House’.
Fundamentals:
Market Cap: ₹ 1,363 Cr.;
Stock P/E: 13.4 (Ind. P/E: 20.85) 👍;
ROCE: 16.7% 👍; ROE: 14.2% 👎;
3 Years Sales Growth: 17% 👍;
3 Years Compounded Profit Growth: 16% 👍;
3 Years Stock Price CAGR: 35% 👍;
3 Years Return on Equity: 18% 👍
Pros: Promoter, FII, DII have increased their holdings recently
Technicals:
Resistance levels: 287, 331, 375, 423
Support levels: 258, 252,
CLSE is trading above both 9 EMA(Orange Line), 21 EMA (Black Line) and 50 EMA (Blue Line) indicating bullish trend.
Can enter when the price takes strong support around 9 EMA.
Chaman Lal Setia Exports Limited
No trades
Market insights
CLSEL -Daily - Cup and Handle -Breakout -Good Volume CHAMAN LAL SETIA EXP LTD daily chart definitely presents a compelling case for a **cup and handle breakout**.
Here's what aligns with your observation:
* **Clear Cup and Handle:** The chart shows a well-formed rounded bottom (the cup) followed by a smaller, slightly downward-sloping consolidation (the handle).
* **Neckline Breakout:** Today's price action (May 17, 2025) shows a strong bullish candle that has decisively broken above the neckline you've identified at ₹346.00.
* **Good Volume:** Importantly, the volume bar for today is significantly higher than the recent average volume, indicating strong buying pressure accompanying the breakout. This adds significant credence to the validity of the breakout.
* **Target:** Your target of ₹427.50 aligns well with the typical measurement for a cup and handle pattern. The depth of the cup (roughly from the low around ₹265 to the neckline at ₹346, which is ₹81) added to the breakout level (₹346) gives a target of ₹427.
**In summary, this looks like a textbook cup and handle breakout for CHAMAN LAL SETIA EXP LTD, supported by good volume, increasing the likelihood of the price reaching your target of ₹427.50.**
It's always wise to consider potential resistance levels along the way and to have a stop-loss in place, but the initial signs here are quite bullish.
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 386
Next Resistance is at 499
Support is at 300
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 343
Next Resistance is at 386
Support is at 271
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chaman Lal Setia Exports Ltd - Breakout Setup, Move is ON...#CLSEL trading above Resistance of 271
Next Resistance is at 343
Support is at 199
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CLSEL:- CHAMANLAL SETIA :_ CMP225CLSEL is seems to completed its retracement at breakout level of 190-200 odd levels.
200-205 range is confluence of many supports,
Rising trendline support, Previous breakout support and EMA50 on weekly chart.
Looking good to go long with support at 190 DCB..
Fundamentally very strong and script with good growth trajectory...
DISCLOSEURE:- This post is for educational purpose only,
I am not certified SEBI RA or TA,
CLSEL - Long Setup, Move is ON..NSE:CLSEL
✅ #CLSEL trading above Resistance of 249
✅ Next Resistance is at 343
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CLSEL - Ichimoku BreakoutStock Name - Chamanlal Setia Exports Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 230
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
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CLSEL - Long Setup, Move is ON..NSE:CLSEL
✅ #CLSEL trading above Resistance of 207
✅ Next Resistance is at 249
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CLSEL...can get back above 200 in the coming daysI can see a downward wedge that has broken out giving us a target of 203.. AN INHS in formation can also be seen giving a target of 205...keeping a stoploss of 174 on closing basis I can approach this small trade.. company usually declares results at the fag end of the earning season so my timeline wold be near about that... Q4 concall helps in getting a fair idea of how the results may pan out.. there is a FED decision on rates looming large later this week which may affect the markets in general
A potential multi-bagger stock (3)After PSU BANKS and sugar stocks rally
Its potentially turn for rice stocks and Railway stocks now
One can consider
NSE:CLSEL
CMP-122
Buy above-137 on closing basis
TARGET- 155 then ATH+
Stop loss- Breakdown of trendline with below 107
RSI Divergence observed
with RSI Trendline formation too
NOTE: Stock represents chart pattern similar as shown by GRM Overseas
So one can keep accumulation the stock on dips if possible
" JUST AN IDEA SO KEEP YOUR RISKS AND REWARDS IN MINDS BEFORE INVESTING"
CLSEL- Ichimoku Bullish Breakout Stock Name - Chamanlal Setia Exports Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 193
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Chaman Lal Setia Exports LimitedCLSEL:- The stock has given a breakout by forming an ascending triangle pattern and has come for retesting. Planning with a strict stop loss. If you are planning a trade, keep an eye on the rest.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Chaman Lal : Looking Strong and Bullish
Good Day ,
Hello Traders,
CLSEL looking very strong and it had formed a big rounding bottom since May 2022 till now. It will take a little bit time to move ahead.
Next possible target 136. One can stay long with Stop Loss at 100.
Bigger target of 164 will come when it start sustaining above 136 and show more strength.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.






















