Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
CDSL BREAKOUT Successful
CENTRAL DEPO SER (I) LTD
Long
CDSL BREAKOUT Successful
By finnova_
Follow
Follow
Sep 8, 2023
1
2
Sep 8, 2023
CDSL has given the breakout you can buy it. it's forming CUP and Handle Pattern.
once can buy it as swing trade
Reason
:
Successful breakout of the zone.
RSI > 50 Bullish Zone Incressing momuntum.
Very nice Volume in the stock for today.
Good consolidition of more than 1 year.
Price > VWAP that shows the bullishness.
Verdict
:
Breakout successful, Strong bullish momentum
Plan of Action
:
You can buy this at current price.
Buy price: 1267.50
Stoploss: 1216
Target : 1426
Chart Patterns
Technical Indicators
Trend Analysis
finnova_
Follow
Also on:
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
.