CLEAN - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis for CLEAN

CLEAN is a fundamentally sound stock with impressive ROCE and zero debt, but its technical signals paint a different story for intraday traders today. Momentum indicators are clearly bearish and volume is drying up — a red flag for short-term plays.

🌟 IntraDay Trade Rating

2.3

Strong fundamentals aside, today’s intraday setup is weak: RSI is nearing oversold, MACD suggests accelerating downside, and volume is below average. Not a great candidate for high-confidence intraday entry today.

⚠️ Technical and Momentum Overview

RSI: 28.7 Deep in oversold territory — this may trigger a technical bounce, but no confirmation yet.

MACD: -51.2 Strong bearish momentum; no signs of convergence or reversal.

Volume: 74K vs 1Wk Avg: 96K Thinner volume signals lack of participation — a recipe for false breakouts.

Price vs DMAs

Trading well below DMA50 & DMA200 — indicates breakdown mode.

May find support around recent low (₹1,062), but that's still a long slide.

🛒 Intraday Plan

✅ If Considering Entry Today

Buy Zone: ₹1,230–₹1,240 Only consider scalping bounce trades if price shows strength above ₹1,240 with reversal candles and volume pickup.

Profit Target: ₹1,260–₹1,275 Modest upside possible if RSI rebounds and volume improves midday.

Stop-Loss Level: ₹1,222 Tight stop to protect capital — breakdown below ₹1,220 may drag further.

📌 If Already Holding Today

🔁 Exit Signals

Risk-Off Triggers

Price fails to hold ₹1,225 and RSI dips below 27.

Volume remains muted and MACD continues declining after 2 PM IST.

Partial Profit Booking

If price tests ₹1,260 without volume confirmation, consider trimming.

Reversal Watch

Hold only if price crosses ₹1,275 with volume surge — trail stop to ₹1,250.

🧠 Final Viewpoint

CLEAN’s fundamentals might catch long-term investors’ eyes, but intraday players should be cautious. Today’s signals don’t favor aggressive moves. If you’re itching to trade green-energy names with better momentum setups or volume confirmation, I can help filter out cleaner options ⚡📉

Let me know if you want charts, peer comparisons, or swing trade setups for this sector!

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