Salona Cotspin Ltd

Stage 2 · Advancing · week 1Setup 5.6 ★ FairEven -3.2

As of 16 Oct 2026, Salona Cotspin is in Stage 2 — advancing, the uptrend phase, in its first week (since 14 Oct 2026). It closed at ₹268, 11.8% below its 52-week high and above its 200-day average, which is falling. In Consumer Discretionary, 29.1% of stocks are in Stage 2.

Salona Cotspin Limited engages in the manufacture and sale of cotton yarn, knitted fabrics, and garments in India and internationally. More about the company

₹268.4
+1.40% today
₹141 Cr · Micro cap
Market Neutral — FadingConsumer Discretionary 29.1% in Stage 2-5.5 pts / 20dTextiles 29.1%-2.6 pts

Pro read

Pro

Our read

Early entry — still early enough in its move

Setup score

5.6 ★ Fair

Momentum

Steady

Edge

Even -3.2

Setup-score rank among Stage 2 peers: #14 of 37 in Textiles · #57 of 139 in Consumer Discretionary

Is SALONA early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
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vs 52W High
-11.8%
₹227.1 lo₹304.1 hi
11.8% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 1
1w13w26w
Week 1 — fresh breakout, verify structure
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
1.8%
200 DMA: ₹263.6 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.10x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↗
MA20 gently rising · +1.6% vs MA50 +2.7%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+1.6%
3M
+5.4%
6M
-4.6%
YTD
-0.4%
1Y
+9.8%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
29.1%
20d Δ
-5.5pp
1M return
-2.1%
3M return
+0.3%
Sector Stage-2 % · last 20 days
This stock ranks #82 of 131 Stage 2 stocks in Consumer Discretionary by RS.
Industry
Textiles
↓ Peaking
Stage 2%
29.1%
20d Δ
-2.6pp
1M return
-0.1%
3M return
+2.7%
Industry Stage-2 % · last 20 days
Ranks #21 of 35 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-20 → 2026-10-16
S2 28w
S4 19w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 6w → S3 7w → S2 28w → S3 10w → S2 1w → S1 1w → S2 1w → S1 2w → S2 3w → S1 1w → S4 8w → S1 6w → S2 3w → S4 19w → S1 11w → S4 10w → S1 1w → S2 10w → S3 5w → S4 5w → S1 1w → S2 13w → S3 4w → S4 7w → S1 4w → S2 1w current
Total tracked: 167 weeks across 26 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-10-14
7 appearances in last 60 days. First seen: 2024-07-15.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S2
Wk 1 · Vol 0.10x
2026-10-15S2
Wk 1 · Vol 0.34x
2026-10-14S21→2
Wk 1 · Vol 0.14x
2026-10-13S1
Wk 4 · Vol 0.38x
2026-10-12S1
Wk 4 · Vol 0.13x
2026-10-09S1
Wk 4 · Vol 0.22x
2026-10-08S1
Wk 3 · Vol 0.29x
2026-10-07S1
Wk 3 · Vol 0.11x
2026-10-06S1
Wk 3 · Vol 0.66x
2026-10-05S1
Wk 3 · Vol 0.19x
2026-10-01S1
Wk 3 · Vol 0.06x
2026-09-30S1
Wk 2 · Vol 0.05x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 18 · 0.0% from hi
10.0
DPABHUSHAN
wk 8 · -5.9% from hi
9.2
SBC
wk 61 · -1.4% from hi
9.1
DELTACORP
wk 1 · -5.1% from hi
8.8
ISFT
wk 5 · -3.5% from hi
8.6
Moving averages & range
50 DMA
₹264.7
200 DMA
₹263.6
52W High
₹304.1
52W Low
₹227.1
5D Low
₹264.7
Resistance levels (recent highs)
20d High
₹277
60d High
₹277
120d High
₹294.4
250d High
₹304.1
Next resistance
+3.2%
to 20d High
Ask the Market AI about SALONAAsk →
Earnings Growth (YoY)
-79.4%
Revenue -1.7%
Dividend Yield
0.36%
P/B 1.2
About this companyConsumer Discretionary· Textiles

Salona Cotspin Limited engages in the manufacture and sale of cotton yarn, knitted fabrics, and garments in India and internationally. It offers ring spun, compact, open end, blend, melange, slub, organic, regenagri, recycle cotton, and contamination free yarn products. The company also provides grey, dyed, and printed fabrics, as well as single jersey, interlock/double knit, single/double rib, fleece 2/3 thread, french terry, and full/mini jacquard for knitwear apparels, clothing, work, and leisure wears. In addition, it operates wind mills and solar power plants. The company also exports its products. Salona Cotspin Limited was incorporated in 1994 and is headquartered in Coimbatore, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.