CDSL ready for Run-up!
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
The bull run is not fading away with that new accounts are increasing in market so CDSL and NSDL are getting benefitted.
Fundamental-
Technical-
Good pick for short and long term investment.
Buy 50-80% on CMP rest on dips.
Target for short term - 1320 | 1410 | 1500
Target for Long term - 1570 | 2160 | 3100
The bull run is not fading away with that new accounts are increasing in market so CDSL and NSDL are getting benefitted.
Fundamental-
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 24.10% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 42.69%
- Debtor days have improved from 34.34 to 25.21 days.
Technical-
- Long term Uptrend intact.
- Time and price correction after massive runup.
- Volume dried out.
- Fresh volume and flag breakout.
- Flag breakout rested.
Good pick for short and long term investment.
Buy 50-80% on CMP rest on dips.
Target for short term - 1320 | 1410 | 1500
Target for Long term - 1570 | 2160 | 3100
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.