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chandakpulkit

CDSL: Falling Wedge Breakout

Long
CENTRAL DEPOSITORY (NSE:CDSL)  
chandakpulkit  
NSE:CDSL   CENTRAL DEPOSITORY
Chart Patterns Wedge Technical Indicators breakoutcharts nifty50analysis CDSL multibagger breakouttrading
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Falling Wedge Breakout:
CDSL has fallen almost 34% since December 2021. It has given breakout from a falling wedge pattern on monthly charts. Rising prices are supportive of breakout in momentum indicators and volume supported price action.
CMP: 1110
R1: 1241 +11.45%
R2: 1457 +31.4%
Stoploss: 986.35
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