CLEAN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | CLEAN | Market Cap | 8,569 Cr. | Current Price | 804 ₹ | High / Low | 1,600 ₹ |
| Stock P/E | 31.5 | Book Value | 146 ₹ | Dividend Yield | 0.75 % | ROCE | 29.3 % |
| ROE | 21.9 % | Face Value | 1.00 ₹ | DMA 50 | 885 ₹ | DMA 200 | 1,077 ₹ |
| Chg in FII Hold | -1.13 % | Chg in DII Hold | 0.79 % | PAT Qtr | 51.9 Cr. | PAT Prev Qtr | 64.6 Cr. |
| RSI | 34.6 | MACD | -18.6 | Volume | 2,99,043 | Avg Vol 1Wk | 7,97,700 |
| Low price | 770 ₹ | High price | 1,600 ₹ | PEG Ratio | 3.69 | Debt to equity | 0.00 |
| 52w Index | 4.12 % | Qtr Profit Var | -30.0 % | EPS | 25.6 ₹ | Industry PE | 27.4 |
📊 Analysis: CLEAN shows weak-to-cautious signals for intraday trading. RSI at 34.6 indicates oversold conditions, while MACD at -18.6 confirms bearish momentum. Current price (804 ₹) is below both 50 DMA (885 ₹) and 200 DMA (1,077 ₹), reflecting short-term weakness. Volume (2.99 lakh) is significantly lower than the weekly average (7.97 lakh), limiting intraday volatility. Strong fundamentals like ROCE and ROE provide support, but declining profits and weak technicals suggest caution.
💰 Optimal Buy Price: Around 795–805 ₹ (near current levels with support from 770 ₹).
📈 Profit-Taking Exit Levels: 820–835 ₹ (short-term resistance zone).
📉 Stop-Loss / Loss Protection: 780 ₹ (below intraday support).
⏱️ If Already Holding: Consider exiting if price fails to sustain above 804 ₹ or if MACD continues bearish. If momentum improves with volume support, ride till 820–835 ₹ before booking profits.
Positive
- Strong ROCE at 29.3% and ROE at 21.9% indicate excellent efficiency.
- Debt-free balance sheet (Debt-to-equity 0.00) adds financial stability.
- EPS of 25.6 ₹ supports valuation strength.
- DII holdings increased (+0.79%), showing domestic investor confidence.
Limitation
- Price trading below both 50 DMA and 200 DMA indicates bearish trend.
- RSI at 34.6 shows oversold conditions but weak momentum.
- MACD strongly negative (-18.6) signals short-term weakness.
- Quarterly PAT declined (51.9 Cr. vs 64.6 Cr.), showing earnings pressure.
- Volume significantly lower than weekly average, limiting intraday participation.
- PEG ratio at 3.69 suggests overvaluation relative to growth.
Company Negative News
- No major external negative news reported, but profit decline raises concerns.
Company Positive News
- Strong fundamentals with debt-free status and high efficiency ratios.
- Domestic institutional investors increased stake, reflecting confidence.
Industry
- Industry PE at 27.4 vs stock PE at 31.5 suggests slight premium valuation.
- Renewable and clean energy sector remains supported by government initiatives and global demand.
Conclusion
⚡ CLEAN is a cautious candidate for intraday trading today. Buy near 795–805 ₹ with profit targets at 820–835 ₹ and stop-loss at 780 ₹. If already holding, monitor RSI and MACD closely and exit near resistance levels. Strong fundamentals support the stock, but weak technicals, declining profits, and low volume limit upside potential.