raigvivek

Long Setup in CDSL

Long
raigvivek Updated   
NSE:CDSL   CENTRAL DEPOSITORY
An Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of CDSL

Price Action is well supported by the volume.

The stock is currently in uptrend making higher highs and higher lows.

One can add this stock into their stocks to buy list.

Initiate the long trade only according to the levels mentioned on the charts.

Stop loss will be on a weekly closing basis.

Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
Trade active:
1st Target Achieved...... Enjot the Money Rain Guys..................
Trade active:
Please read 2nd Target as 1482 and 3rd Target as 1582

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