SthitaprajnaYogi

CDSL for 50% (approx..) Gain

Long
SthitaprajnaYogi Updated   
NSE:CDSL   CENTRAL DEPOSITORY
CDSL is showing a Trendline breakout on weekly chart. Pure technical call.

CMP : 1280
TG : 1930
SL : Below 21 EMA

Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP.
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on 2 hour chart.

Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
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