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vivek3032810101
Jul 20, 2020 1:27 PM

CDSL Breakout from resistance Long

CENTRAL DEPOSITORYNSE

Description

There is breakout in CDSL at the level of 290.
You can initiate a buy at current levels and wait for the targets to achieve 375.
The chart is forming higher bottoms and also there is volume addition.
The analysis has been done on weekly time frame so time to achieve the target could be 3 to 10 months.
Make sure to keep a stop loss of 275 on closing (weekly basis).

**ideas are my own***take risk as per your risk taking ability**

Comment

Please start booking profits in this scrip...

Comment

This is still riding ....keep your unsold positions open till we see any resistances in chart.

Comment

keep your positions on hold...as it is currently consolidating and i believe it will breach it's resistance of 500 soon
Comments
vivek3032810101
it has given a fresh breakout...buy again in this counter..
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