Pocket pivot Range breakout soon Buy above 233 Target all time high
One of the oldest Rice Millers cum Exporters of Basmati rice of all varieties from India. Looks really good after taking support from the intersection of the long term trendlines where SL can be kept just below 220 Technically and fundamentally really good with a high risk reward ratio Keep this in radar and entry can be taken as long as volumes are seen in the...
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...
Inverted head & shoulder breakout can be seen in CLSEL on daily charts. Volume buildup & MAs are also squeezing Result also in few days
Good ROE/ROCE Almost negligible debt increase in FII/DII
Chaman lal can be added with SL of 186.5 Breakout is nice and looks good.
The stock is currently making a cup and handle pattern. I would buy the stock at a price around Rs 140. This stock will go up by at least 25% within the next 3 months. Technical analysis is just to find the entry point. The reason to buy this stock lies in Fundamental analysis.
CHAMAN LAL SETIA - Stock near fresh ATH and continuously making higher high. 1. One can add part qty here with a SL of supportive trend line. 2. Remaining qty can be added post breakout. Target - 174, 189, 199
Dont know why this did not rally with Daawat & KRBL.. The trendline breakout could give a good opportunity.. KRBL seems strongest of the Rice pack so far.. But, there is no harm playing this as a "Rice basket"..
Relative strength just become positive volume indicate good accumaltion happening and sector is also performing
Forming Bullish Pennant, Since its a continuation pattern. Price may further zoom in. Weekness below 141.55. Pattern target completing around 160 levels.
disclaimer.... not an investing/trading recommendation
Nice consolidation is seen on weekly charts. Buy the breakout from the falling wedge.