CSL FINANCE CMP 408No signs of reversals yet, expecting reversals at any point of time from here in CSL Finance
SL Below 385
Safe is to wait for any reversal signs , for volume candle confirmation
Not a recommendation
Long
CSL Finance Limited
No trades
No trades
In-depth trading ideas
Long
CSL FINANCE Market Cap
₹ 1,155 Cr.
Current Price
₹ 507
High / Low
₹ 518 / 285
Stock P/E
18.3
Book Value
₹ 208
Dividend Yield
0.48 %
ROCE
14.7 %
ROE
15.2 %
Face Value
₹ 10.0
Debt to equity
1.06
Debt
₹ 505 Cr.
OPM
77.9 %
Promoter holding
47.4 %
Sales growth
41.2 %
Profit growth
38.9 %
CMP / FCF
-7.55
Industry PE
23.9
Pledged percentage
0.00 %
Reserves
₹ 452 Cr.
Long
Buy Call For CSLFINANCEsymbol cslfinance
company csl finance ltd.
type long term & swing trade
price 490.5
date of entry 01-02-2024
risk market slowdown
Long
CSL FINANCENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
CSLFINANCE - Weekly Chart AnalysisAfter breaking out of the previous all time high level of 307 it went into the consolidation of 13 weeks and finally showing strength and closed this week with almost 9% gains.
Ideally shall wait for it to close and sustain above 350 levels.
It has broke out and re-tested those levels and showed strength thereafter.
Stock is trading above all its key moving averages.
271 shall act as support now. Weekly close below this shall invalidate our view.
Disclaimer: This is just an analysis
Long
CSL Finance🔹 Technicals:
▸ Base formation followed by a high volume shakeout breakout
▸ Shakeout was followed by a good recovery and the price moved nearly 23% from the low of the shakeout
▸ Price has reclaimed the base and may possibly consolidate before moving towards the ATH
▸ If the price moves out of the base, 400 can be seen as a reasonable target in the short-term
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended sol
csl finance- technical + fundamentalThe Indian NBFC sector has witnessed exponential pace of growth in the past 5 years. This can be attributed to the growing demand for alternate sources of demand from small and medium enterprises on one hand and dismal financial prudence displayed by public Banks. Even though the SME sector is still reeling under a steep credit deficit of $50 billion owing to non-availability of finance from traditional sources. NBFCs have become the major source of working capital over the past few years. Inspi
Long