Stock of Interest

Posted On: July 18, 2023

Stock Report : CLEAN (NSE) 13 Jul 2023

Outlook: Bearish

CLEAN – Clean Science and Technology Limited (CSTL) is a fine and specialty chemical manufacturing company that was founded in 2003 and is headquartered in India. With a team of 438 employees as of 2022, CSTL stands as one of the global pioneers in the development of ingenious technologies. The company is dedicated to creating unique, innovative, sustainable, and cost-effective catalytic manufacturing processes. By focusing on these aspects, CSTL aims to contribute to the advancement of the chemical industry while also addressing the growing need for environmentally friendly and economically viable solutions. Throughout its operations, CSTL remains committed to pushing the boundaries of chemical manufacturing, ensuring a cleaner and more sustainable future.

xCalData predicted that CLEAN will continue its bearish phase over the next five days. During this period, the price trend of CLEAN is expected to fall within the range of 1390.3 to 1337.

In comparison to the previous month, the price of the stock has experienced a decrease of -3.32%. This decrease indicates a negative movement in the stock’s price during that period. So, it suggests a bearish sentiment in the market.

Majority of the technical ratios trend towards bearish side of the spectrum. Only two of the technical indicators indicate bearish view.

Collectively, xCalData suggests the stock would be in Bearish zone for this week ending 14^th July.

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData.

Disclaimer: The securities quoted are for illustration only and are not recommendatory.