T_Harth

CDSL Strong Bullish Setup

Long
T_Harth Pro Updated   
NSE:CDSL   CENTRAL DEPOSITORY
CDSL Chart is Fabulous and Bullish

- Buy Triggered yesterday as per Weekly Candle
- Solid Price Volume Action can be seen in the Approx 3 month Consolidation base
- Daily Chart shows a Bollinger Band Squeeze, with Daily RSI 60+, ADX 25+, MACD in Buy Mode
- Weekly Chart is just So Strong as you can Clearly see wonderfully respecting Ichimoku


- Target Minimum 620 - 650 upside can be seen
- For Stop Loss, use Weekly Tenkan Sen (part of Ichimoku System) and Trail till the Target is Met
- Approx 1:4 Risk to Reward Ratio from CMP , what Else is needed?! to take this Trade Setup
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.