Selan Explorations Technology Share Price Target 2025: Can the Stock Rebound from Its 52-Week Low?

Selan Explorations Technology is currently trading at ₹610.60 on July 24, 2025, near its 52-week low. Will the stock recover in the coming months, or is further downside possible? We analyze the technical chart, trend direction, and key support/resistance levels to forecast its 2025 price target.

Today’s Market Snapshot

  • Last Traded Price: ₹610.60

  • Day’s Range: ₹607.50 – ₹638.95

  • 52-Week Range: ₹475.85 – ₹1,078.25

  • Market Cap: ₹993 Cr

  • Sector: Oil & Gas – Exploration & Production

Selan Explorations Technology Share Price Chart

Technical Analysis Breakdown

Price Trend

Selan has been under selling pressure after reaching a high of ₹1,078 earlier this year. It is now testing a key support zone near ₹645, with consolidation likely unless a breakout above ₹690 is seen.

Moving Averages

  • 50-Day EMA: ~₹623

  • 200-Day EMA: ~₹706

  • Interpretation: The price is stuck between key EMAs, indicating indecision.

RSI and Momentum

  • RSI: 47 (Neutral)

  • MACD: Weak bullish crossover

  • Momentum indicators suggest a possible base forming, but no strong uptrend yet.

Support and Resistance

Level Price
Support Zone ₹645–₹655
Resistance 1 ₹675
Resistance 2 ₹690–₹706
Scenario Target Range Details
Base Case ₹650–₹725 Recovery from support, sideways trend
Bullish ₹780–₹850 Breakout above ₹706 confirmed
Bearish ₹550–₹620 Breakdown below ₹645 leads to selloff

Machine learning tools like Trendlyne and SharePrice-Target forecast a broad 2025 range between ₹400 to ₹1,170. However, technical levels suggest more realistic resistance near ₹850.

Key Growth Drivers

  1. Rising crude oil prices — could boost revenues.

  2. Strong FY25 earnings — ₹74 Cr PAT and ₹103 Cr EBITDA.

  3. Debt-free, high-margin company — healthy financial base.

  4. Potential upside in oil exploration licenses.

  5. Institutional interest may return at lower levels.

Risks to Watch

  • Trading below 200-day EMA — weak long-term sentiment.

  • Crude oil price volatility — major earnings driver.

  • ₹645 is a critical support — breakdown could worsen technicals.

  • Sector performance dragging small-cap oil players.

  • Lack of near-term growth triggers in earnings calls.

Selan Explorations Technology is at a make-or-break level near ₹655. If it sustains above ₹645–₹655, the stock may rebound toward ₹725 or even ₹850 by the end of 2025. However, a breakdown could lead to ₹550–₹620 levels. Short-term consolidation likely until breakout confirmation.

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