CLEAN - Swing Trade Analysis

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

Swing Trade Rating: 3.6

📊 Analysis Summary

CLEAN is currently in a deep technical correction, but its strong fundamentals and zero debt position make it a watchlist-worthy candidate for a swing trade. The stock is oversold and approaching key support levels, but high valuation and weak momentum suggest waiting for a technical reversal before entry.

🔍 Technical Indicators

RSI (28.7): Oversold — potential for a short-term bounce.

MACD (-51.2): Strongly bearish — momentum is weak.

Price vs DMA

Current Price (₹1,238) is well below both 50 DMA (₹1,377) and 200 DMA (₹1,370) — bearish trend.

Volume: Below average — low conviction in current price action.

📈 Fundamental Snapshot

P/E (49.0) vs Industry PE (34.4): Overvalued.

PEG Ratio (9.82): Extremely high — growth is overpriced.

ROE (20.2%) & ROCE (27.2%): Excellent profitability.

EPS (₹25.3) vs Price (₹1,238): Expensive.

Qtr Profit Growth (+6.26%): Mild earnings momentum.

FII & DII Holding ↑ (0.14% & 0.15%): Institutional interest is growing — mildly bullish.

Debt to Equity (0.00): Debt-free — strong financial health.

✅ Entry Strategy (If Not Holding)

Wait for confirmation — don’t enter yet.

Optimal Entry Price: ₹1,200–₹1,220 range, but only if RSI rises above 35 and MACD flattens.

Look for bullish reversal signals like hammer candle or volume spike.

🚪 Exit Strategy (If Already Holding)

Exit near ₹1,370–₹1,400, close to 200 DMA resistance.

If price breaks below ₹1,200, consider stop-loss at ₹1,170 to limit downside.

⚖️ Final Verdict

CLEAN is a technically weak but fundamentally solid stock. It’s not a strong swing trade candidate right now, but could become one if technical indicators improve. Best to wait for a reversal before entering. If already holding, consider partial exit on bounce toward moving averages.

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