CDSL | Bullish Marubozu + RSI Breakout + Volume Expansion

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๐Ÿ“ˆ CDSL | Bullish Marubozu + RSI Breakout + Volume Expansion ๐Ÿš€
๐Ÿ”น Entry Zone: โ‚น1,636.50 โ€“ โ‚น1,641.00
๐Ÿ”น Stop Loss: โ‚น1,579.25 (Risk ~61 pts)
๐Ÿ”น Supports: 1,605.33 / 1,574.17 / 1,556.33
๐Ÿ”น Resistances: 1,654.33 / 1,672.17 / 1,703.33
๐Ÿ”น Swing Demand Zone: โ‚น1,593.40 โ€“ โ‚น1,581.00
๐Ÿ”น Intraday Demand Zone: โ‚น1,593.40 โ€“ โ‚น1,588.00

๐Ÿ”‘ Key Highlights
โœ… Bullish Marubozu Candle โ€“ clear sign of buyer dominance
โœ… RSI Breakout โ€“ momentum strength confirmation
โœ… Volume Surge (1.4x avg) โ€“ strong institutional participation
โœ… Bollinger Squeeze-Off โ€“ breakout + volatility expansion expected
โœ… VWAP Alignment โ€“ price sustaining above average buyer level

๐ŸŽฏ STWP Trade View
๐Ÿ“Š Momentum supports a short-term bullish continuation. A decisive close above โ‚น1,654 may open the path toward โ‚น1,672โ€“โ‚น1,703.
โš ๏ธ The โ‚น1,605โ€“โ‚น1,574 zone offers positional strength, while โ‚น1,593โ€“โ‚น1,588 acts as an intraday demand pocket for re-entry or dip-buying opportunities.

๐Ÿ’ก Learning Note
This setup shows how combining price action (Marubozu) with RSI breakout and volume confirmation enhances conviction. Identifying multi-timeframe demand zones allows traders to plan entries with better precision and controlled risk.

Final Outlook: Momentum: Strong, Trend: Bullish, Risk: Low, Volume: High

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โš ๏ธ Disclosure & Disclaimer โ€“ Please Read Carefully
The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data.
Tradingโ€”whether in stocks or optionsโ€”carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results.
If you are a beginner, treat this as a guide to understand how the market works and practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades.
Consult a SEBI-registered financial adviser before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments.

Position Status: No active position in CDSL at the time of analysis.
Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels)

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