CLSEL 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...
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....
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 230
#This is not Buy and Sell recommendation to any one. This is for...
break out with good volume.
You can entry this level for ride long with a small stoploss of 180 and target as you wish.....
(PLZ BEFORE TAKING ANY TRADE CONSULT YOUR FINANCIAL ADVISOR)
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...
I 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...
CLSEL
BUY : 180-181
TARGET : 199
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
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...
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...
CLSEL:- 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...
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...
An undervalued low debt company from FMCG sector exporting basmati rice. Now in its 52 week high with significant volumes and broken all resistance line . A good movement is expected from here . Negative cash flow is one of the main threat and which curtails the long term movement
Chamanlal Setia Exports Ltd (CLSEL)
Bullish on this stock. Even with so much of panic selling in the overall market Volume on the bearish candles are not so great.
Stock is in the uptrend.
Forming Hammer candle near 55 SMA level which is also 0.382% level of Fibonacci retracement which might be a sign of bounce back.
Target 1: 135
Target 2: 140
SL for a...
This script feels to me a good breakout opportunity.
Can move upwards if gives a strong closing above 143.
Levels mentioned in the chart. For analysis purpose, do your own research too.
NSE:CLSEL
✅ #CLSEL trading above Resistance of 136
✅ Next Resistance is at 162
✅ The company's revenue has grown 67% to Rs 676 crore YoY in H1FY23 supported by its strong position in the export market
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup...
