CLEAN trade ideas
Clean science looks bottom out at this levelBases on Triangle pattern breakout, it looks immediate target would be 1560/- with in Dec Month.
Note: It is not at all the buying and selling recommendation and this stock is in my portfolio and there is a high probability that my analysis is biased and could be possible my analysis will go wrong.
Clean Science Buy OpportunityAs per my analysis NSE:CLEAN has given a clear breakout above level of 1385.15. Now buyers will wait to take fresh entry at retest level of 1386 with stop loss of 1280 (-106 points risk). My expected upside target would be 1453 (+67), 1494 (+108) & 1546 (+160).
It may take 3-5 weeks to get final target.
Note: This is my personal analysis, only to learn stock market behavior. Thanks
Clean Science & Technology Ltd Trend AnalysisFundamentally sound, debt free but little overvalued.
In my opinion the higher degree corrective move is over now as per the wave counts highlighted (WXY).
Currently price is forming a higher high and higher low formation which confirms trend reversal.
RSI showing bullish divergence on daily TF and many other confluences you can observe in my chart.
The wave form is most likely to be an ABC wave with a target around 1980.
Good to buy at CMP for short term target of 1980 (50% ROI & 7:1 R:R)
Stop loss below 1225 (optional)
Do your own due diligence before taking any action.
Peace!!
Clean Science & TechnologyIncorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole)
was over valued , corrected much
Breakout - Inverse head and shoulder pattern - Targets and SL given in the chart
Market Cap
₹ 15,855 Cr.
Current Price
₹ 1,492
Stock P/E
55.6
Book Value
₹ 82.3
Dividend Yield
0.22 %
ROCE
46.6 %
ROE
34.9 %
Face Value
₹ 1.00
Promoter holding
78.5 %
EPS last year
₹ 21.5
EPS latest quarter
₹ 7.90
Debt
₹ 0.79 Cr.
Pledged percentage
0.00 %
Net CF
₹ 3.55 Cr.
Price to Cash Flow
125
Free Cash Flow
₹ -2.36 Cr.
Debt to equity
0.00
OPM last year
43.8 %
OPM 5Year
42.5 %
Reserves
₹ 864 Cr.
Price to book value
18.1
PEG Ratio
1.49
Clean Science is a futuristic investment.Clean Science and Technology Limited is known as CSTL. Company is a fine and specialty chemical manufacturer. Specialty chemicals manufactured by them are diversified into 3 major segments i.e. performance chemicals, Pharmaceutical chemicals, and FMCG Chemical. CMP of the stock is 1444.
Negative aspects of the company is it’s high valuation (P.E. = 55.4). Positive aspects of the company are zero promoter pledge, no debt, improving annual net profit, improving quarterly net profit and MFs increasing their stake.
Entry in the stock can be taken after closing above 1461. Targets for will be 1494 and 1538. Closing above 1538 will open the doors for long term targets of 1581 and 1621. Stop loss in the stock can be kept at a closing below 1368.
Clean science and technology Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole)
Trading below 10 , 21,63,100,200 EMA
Looking weak
Purely technical - HOLD
CLEAN SCIENCE ON 100MA! MULTIBAGGER!!the two dark blue lines, shows the that the stock is on its IPO zonem, stock is at a very discount, it can all go up till 2200, with a very good swing trading. still can go further upside, in the long term. sales are good, quater results are also good. its a stock with good fundamentals, and a multibagger.
we still have a 10% profit chance!I don't know why I am always late but we still have a 10% profit chance on this one it's on daily frame so it may take a while and the dotted green line is profit booking price, you can go for higher target but I strongly suggest you to book your profits at the green line or change the stop loss to the entry price so even if something goes wrong you don't lose much;)