CNL

Creative Newtech Ltd.

Trading

Strong momentum structure

Early Trend
Stage 2 VCP active

Setup readiness

Early Trend

Pivot Levels
₹766.0-773.6
Support Level
₹716.8
Resistance
₹923.8
Risk Distance
7.3% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
62.0
ADX
31.0
Vol
0.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Strong technical characteristics

Trend, relative strength and base characteristics align with higher-scoring names in the scan.

Relative strength Neutral
Breakout readiness High
Accumulation Distribution pressure

Bullish factors

  • Price is approaching the pivot zone.
  • ATR 5.7%/day — healthy volatility (+4).
  • RS rank 69 — building leadership.
  • RSI 62 — ideal setup zone.
  • Bull Flag (5.0pts) — flagpole + tight consolidation, continuation setup.
  • Higher lows structure observed.
  • Distribution pressure observed in recent sessions.
  • Pocket pivot detected, but broader structure still shows distribution pressure.
  • Price holding above POC — bullish volume profile.
  • Recent volume expansion detected.

Risk factors

  • Low average daily value (₹1.0 Cr/day)
  • 6 distribution days observed recently

Overall view

Localized accumulation signals (such as pocket pivot) are present, but broader volume flow shows distribution pressure. Strong technical characteristics — momentum and institutional cues show broad alignment.

Size this trade

Setup research

CNL — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Price is near the pivot zone

  • RS line near highs
  • Stage 2 uptrend structure detected

Flagged yesterday

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Mid-pack (#17/46)
  • Relative strength Building (RS 62)
  • Trend strength Strong (ADX 31)

Negatives

This idea is wrong below ₹716.8 (2.0% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹716.8
  • Pivot — failure re-entry below₹769.8

Risk distance

7.3% to stop
1.3× ATR
2.7× R:R
19.4% reward

Risk ≈ ₹56.81/share from entry ₹773.6.

Reasons to skip 2

Disqualifiers that apply even if the score looks good.

  • Low average daily value (₹1.0 Cr/day)
  • 6 distribution days observed recently
Setup metrics Latest scan

CNL Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bearish

POC
₹727.76
VAH
₹769.8
VAL
₹656.05
Vol above POC
34.7%

Institutional Activity · Distribution

Avg cost basis
₹717.93
Acc zone
₹591.0–769.8
Accumulation sessions
2
CMF
-0.37

Structure

Trend / stage
Stage 2
Stage 2
Weekly trend
Above rising 30-wk MA
Uptrend
RS rank
62.0
Building
ADX
31.0
Strong

Momentum

RSI
62.0
Strong
Recent move (10d / 20d)
+4.6% / +16.2%
Constructive
Volume quality
0.0
Thin
Relative strength
Neutral
Leader

Risk

Failure risk
32.0
Moderate
ATR % / day
5.7%
Healthy
Distribution
6 day(s)
Distribution
Volatility
4 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 31.8%
VCP waves 4x
Vol dry-up No
Avg value ₹1.0 Cr
Failure flags Distribution cluster, Thin liquidity

CNL Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

Sign in to unlock AI Insights

Personalised swing trade analysis powered by Gemini AI

Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

Loading…

Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

Loading…
Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

Loading…

Chase / failure risk

Honest read on exhaustion & extended moves

Loading…

Base / VCP coil

Depth, contractions & pivot distance

Loading…

Setup quality radar

Shape of the setup in one view

Loading…
Peer comparison Sector peers

Sector Peer Comparison

Loading sector peers…

Fetching peer data…
CNL FAQ Common swing-trading questions

Frequently asked questions about CNL

What are the screener observations for CNL?

On Swing Edge's swing-setup framework, Creative Newtech Ltd. (CNL) currently grades B — workable setup. Price is near the pivot zone. Flagged yesterday. This is educational research, not investment advice.

What are CNL's support and resistance levels?

For CNL, near-term support sits around ₹716.8 (the base/stop zone); overhead resistance is around ₹769.8 (the breakout pivot); the next resistance above is ₹923.8. This is educational research, not investment advice.

What is the breakout / pivot level for CNL?

The breakout pivot for CNL is around ₹769.8. Price is about 5.0% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is CNL above its 50-day and 200-day moving averages?

Yes — CNL is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is CNL versus the market (RS rank)?

CNL has a relative strength (RS) rank of 62 out of 100 versus the NSE universe, making it building relative strength and outperforming the broader market. Trend strength (ADX) reads 31, indicating a strong trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-28 — not live intraday NSE quotes.