T_Harth

CDSL Strong Bullish Setup

Long
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

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