Price and trend forecast of CLSEL for Tomorrow, Weekly, Monthly
Chaman Lal Setia Exports Limited
Symbol: NSE:CLSEL
ISIN: INE419D01026
405.35
As on 2024-12-26
CLSEL's Today's Performance
Chaman Lal Setia Exports Limited started the day by opening at 406.45 today 2024-12-26. Its shares reached a high of 415.95 and dipped to a low of 398.00 in intraday. When the markets closed, CLSEL’s stock price settled at ₹405.35 per share. Also check out its key support and resistance levels.
CLSEL Buy/Sell Targets
Tomorrow, buy CLSEL when its price reaches ₹ 405.35 with a stop-loss order at ₹ 397.80. You can set the target price as ₹ 412.90 to capture potential gains. This buy position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of CLSEL for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for CLSEL
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 415 |
| Tomorrow Down Target 2 | 424 |
| Tomorrow Down Target 3 | 433 |
Important Levels for CLSEL
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 397 |
| Tomorrow Up Target 2 | 388 |
| Tomorrow Up Target 3 | 379 |
Based on where the stock opens tomorrow, if CLSEL opens on a positive note, our first target will be ₹415. If Target 1 is achieved, we will aim for Target 2 which is ₹424.
But if CLSEL falls below the average value of ₹406.43, you can enter a sell side position with target number 1 - ₹397 and second target - ₹388 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of CLSEL
Looking at CLSEL, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, CLSEL has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for CLSEL is moderate bullish.
Tomorrow's Volume based share price Forecast for CLSEL
CLSEL's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -59%.
Reversal detection for CLSEL
CLSEL may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹404 in morning tomorrow
| Target 1 tomorrow | 413 |
| Target 2 tomorrow | 418 |
| Target 3 tomorrow | 424 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with CLSEL's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if CLSEL opens on a positive note, our first target will be ₹414.87. If Target 1 is achieved, we will aim for Target 2 which is ₹424.38.
But if CLSEL falls below the average value of ₹406.43, you can enter a sell side position with target number 1 - ₹396.92 and second target - ₹388.48
CLSEL's Weekly Targets
| 1st Up Target | 414.87 |
| 2nd Up Target | 424.38 |
| 1st Down Target | 396.92 |
| 2nd Down Target | 388.48 |
As the week for CLSEL ended on bearish sentiments, we can expect further continuation of this sentiment. CLSEL's initial target will be 414.87 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 396.92 in the upcoming week.
Weekly OHLC Values
| Open | 407.85 |
| High | 415.95 |
| Low | 398.00 |
| Close | 405.35 |
Week for CLSEL started with an open price of 407.85, and the close was at 405.35. CLSEL reached the highest of 415.95 and dipped lowest up to 398.00 last week. This indicates a bearish sentiment for the week.
CLSEL full month swing targets
| Monthly Up Target 1 | 432.82 |
| Monthly Up Target 2 | 442.33 |
| Monthly Down Target 1 | 378.97 |
| Monthly Down Target 2 | 352.58 |
Targets of ₹432.82 can be expected to be reached in the coming month. Once CLSEL achieved this target, we can aim for the next upside target of ₹442.33.
CLSEL if fails to hold upside, down targets of ₹378.97 and ₹352.58 can be achieved by end of this month.
For complete three weeks if CLSEL is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as CLSEL
No related stocks found in the same sector.
Summary
CLSEL is expected to reach the target of 414.87 in tomorrow's trading session.
After achieving the initial target in CLSEL, we will aim for higher targets of 424.38 tomorrow.
However, if CLSEL starts to trade below ₹406.43, then we will shift our focus to the sell side and aim for down targets of 396.92 and 388.48.