CDSL - VCP Pattern with Relative strength study
CDSL is forming VCP pattern ( Volume Contraction Pattern)
Breakout above 1620
Positive Relative Strength and Increase in volume near resistance shows a good move is coming
RSI is bullish and above 60 it will be highly bullish.
Breakout above 1620
Positive Relative Strength and Increase in volume near resistance shows a good move is coming
RSI is bullish and above 60 it will be highly bullish.
Note
Breakout doneNote
Pullback support at 1400-1440Note
Next VCP pattern in formation, low volumes during the fall
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.
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.